The inflation of June was 0.7%
Nicolas Itzcovich is the director of the INDEC
City of Buenos Aires, July 14, 2011
The National Institute of Statistics and Census (INDEC, for its acronym in Spanish) presented the numbers of price increase for June.
The inflation of last month was of 0.7%, while the accumulated inflation is of 4.7% in the first half of the year, 20% less than last year (5.9%).
Anyways, this would mean an important reduction in the price increase. The official numbers of 2010 spoke of 5.9%, while the consultants registered 12%.
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