BUENOS AIRES (Pakistan Point News / Sputnik - 17th September, 2020) Inflation in Argentina in August was 2.7 percent, gaining 18.9 percent since the beginning of the year, the National Institute of Statistics said in a report.
"The general level of consumer prices in the country in August recorded an increase of 2.7% on the previous month," it said.
In annualized terms, inflation was 40.7 percent, and in 8 months it gained 18.9 percent. In July, prices rose by 1.9 percent.
In 2019, inflation in Argentina was the highest in the previous 28 years (53.8 percent).
