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Argentina to have triple-digit inflation in 2023
Finance
- 08 April, 2023
- 08:10
In 2023, inflation in Argentina will reach triple digits and exceed 100%, according to the Central Bank of the country, Report informs referring to foreign media.
“Analysts have predicted an annual inflation rate of 110%,” the statement said.
Inflation is expected to slow down to 90% next year.
Inflation in Argentina for two months of this year amounted to 13.1%. In 2022, consumer prices rose by 94.8%, one of the highest rates in Latin America.
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