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The consumer price index (CPI) rose 12.4% in August, while annual inflation topped 124% in the month. "September marks the second consecutive month with double-digit inflation," said Eugenio Mari, chief economist at the Libertad y Progreso Foundation. The projections among the analysts surveyed ranged from a minimum rise of 10.7% to a maximum of 13.8% for September. However, economist Martin Kalos estimated that September's inflation figure "is similar to that of August. The official statistics institute INDEC will publish September's inflation data on Thursday at 1900 GMT, while the central bank will release its Market Expectations Survey (REM) shortly after.
Persons: Ernesto Acuna, Agustin Marcarian, Eugenio Mari, Paula Gandara, Martin Kalos, There's, Walter Bianchi, Jorge Otaola, Jonathan Oatis Organizations: REUTERS, Libertad y Progreso Foundation, Adcap Asset Management, Economic Policy, Economy Ministry, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES
The consumer price index (CPI) rose 12.4% in August, while annual inflation topped 124% in the month. "September marks the second consecutive month with double-digit inflation," said Eugenio Mari, chief economist at the Libertad y Progreso Foundation. The projections among the analysts surveyed ranged from a minimum rise of 10.7% to a maximum of 13.8% for September. However, economist Martin Kalos estimated that September's inflation figure "is similar to that of August. The official statistics institute INDEC will publish September's inflation data on Thursday at 1900 GMT, while the central bank will release its Market Expectations Survey (REM) shortly after.
Persons: Ernesto Acuna, Agustin Marcarian, Eugenio Mari, Paula Gandara, Martin Kalos, There's, Walter Bianchi, Jorge Otaola, Jonathan Oatis Organizations: REUTERS, Libertad y Progreso Foundation, Adcap Asset Management, Economic Policy, Economy Ministry, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES
Total: 2