RIO DE JANEIRO, BRAZIL - The Consumer Price Index (CPI) slowed down in July for the 4th consecutive month posting its lowest record since October 2020, according to INDEC (National Institute of Statistics and Censuses).
July inflation stood at 3%, according to INDEC, the lowest record since October 2020. Consequently, prices in 2021 have thus far increased 29.1%, up 51.8% year-on-year, the highest variation since the start of the pandemic. In addition, it is the 4th consecutive month of deceleration and down 0.2% over June.
Core inflation, which does not take into account seasonal factors or . . .
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