Argentina’s monthly inflation rate rose to 2.1% from the previous 1.9%, marking a 0.2 percentage point increase. This upward movement reflects a continued rise in price levels.
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The actual inflation rate matched analyst estimates of 2.1%, suggesting that the market had anticipated this increase. This alignment with expectations is likely to result in a muted reaction in the stock market. However, consumer goods and retail sectors may experience short-term sentiment-driven volatility as investors assess the impact of persistent inflation on purchasing power.