Price increase in Argentina reached 8.4% in April, the highest level since April 2002. In this respect Wrote CNN Radio Argentina’s website, with reference to the Argentine Statistical Institute and the Republic Census data.
“In April 2023, the overall level of the consumer price index increased by 8.4%, the cumulative (from the beginning of the year) growth was 32%. Compared to the same month of the previous year, the growth was 108.8 percent.
Prices of clothing items increased by + 10.8%, while prices of food products increased by 10.1% on average.
Annual inflation in a Latin American country in February it happened At 102.5%, the highest level since 1991. In 2022, the price increase was 94.8%, in 2021 – 50.9%, in 2020 – 36.1%, in 2019 – 53.8%.
Press service of the Central Bank of Argentina in the first half of April published He predicts that in 2023, the inflation in the country will reach triple digits and exceed 100%.
News 24 portal in early April WroteHe said Argentina’s worst drought in the last 100 years damaged the country’s economy.