Reuters

Argentina inflation slows to 4% in July after spiking month earlier

By Reuters,

1 day ago

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BUENOS AIRES (Reuters) - Argentina's monthly inflation rate stood at 4.0% in July, official data published on Wednesday showed, in line with a Reuters forecast and returning to slowdown after speeding up in June.

Inflation in the 12 months through July stood at 263.4%, still the highest recorded in the world, a tick above the poll forecast of 263%.

(Reporting by Kylie Madry; Editing by Sarah Morland)

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