BCRA highlighted the decline in inflation and defended the role of monetary policy


He pointed out that this year's figure reached 48.5% year-on-year, with a total annual turnover of 43.9%.

BCRA thought about it "In November, general and basic inflation significantly decreased compared to previous months."

It should be borne in mind that Indec reported that core inflation, which includes prices that are not seasonally or regulated by the government or with high tax burden, amounted to 3.3% in the month, which slowed down by 6.1% the last two months.

"The objectives of the monetary policy scheme are fulfilled, but given that inflation is still high, it is important to maintain prudence" supported by the entity that guides it Guido Sandleris.

"As we have already said, monetary policy is working with a delay and we hope that the downward rate in inflation will continue in the coming months" concluded the central bank.

It should be noted that the November figure was higher than the forecast of private consultants who estimated an increase of between 2.5% and 2.9%.


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