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Search resuls for: "Ernesto Acuna"


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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
The price list, updated after a primary election shock led to a sharp devaluation of the peso and interest rate hike on Monday, underscores the scale of Argentina's challenge to avoid inflation, already at 113%, climbing faster. "We kiosko owners don't know if we should increase prices each day, or by how much." The price list offers a window into how these market shocks are passed on to small business owners, and eventually customers. Reuters GraphicsSince March, business owners have received updated price lists from their suppliers twice a month, double the frequency of a year ago, said Acuna. "Prices have gone through the roof, in every way," Leguizamon said, adding that she didn't blame the store owners and small businesses who were just trying to survive.
Persons: Ernesto Acuna, Agustin Marcarian, Acuna, Juan Pablo Spagnolo, Spagnolo, Javier Milei, Maria Leguizamon, Leguizamon, Anna, Catherine Brigida, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Reuters, Wednesday, Owners, Reuters Graphics Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Acuna
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