Shardikprime@lemmy.worldBanned from community to World News@lemmy.worldEnglish · 9 months agoArgentina inflation slows to 4% in July after spiking month earlierwww.reuters.comexternal-linkmessage-square1linkfedilinkarrow-up10arrow-down15
arrow-up1-5arrow-down1external-linkArgentina inflation slows to 4% in July after spiking month earlierwww.reuters.comShardikprime@lemmy.worldBanned from community to World News@lemmy.worldEnglish · 9 months agomessage-square1linkfedilink
minus-squareFlowVoid@lemmy.worldlinkfedilinkEnglisharrow-up1·9 months agoNote, that’s monthly inflation. In the US we normally discuss annual or annualized inflation. So 4% monthly would be described as 60% annualized inflation. The actual YoY inflation in Argentina is 263%.
Note, that’s monthly inflation.
In the US we normally discuss annual or annualized inflation. So 4% monthly would be described as 60% annualized inflation. The actual YoY inflation in Argentina is 263%.