Economics
Argentina Inflation Jumps More Than Expected Amid Lockdown
- Prices rose 3.3% in March from February led by education costs
- Data collection has been hampered by coranvirus pandemic
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Argentine consumer prices rose faster than expected in March as the country went into a nationwide lockdown to contain the spread of coronavirus.
Monthly inflation accelerated for the first time in four months, to 3.3%, according to government data published Wednesday. That was higher than the 2.6% median forecast of analysts surveyed by the central bank.