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Argentina monthly inflation slowed to 1.7% in August

Argentina's monthly inflation rate slowed to 1.7% in August, according to official data. The figure matched analysts' expectations, aided by easing food-price pressures during President Javier Milei's tenure.

7% in August, official data showed on Thursday. Softer food-price pressures helped prolong a stretch of lower readings under President Javier Milei. The August outcome matched analysts’ expectations in a Reuters poll.