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2024-05-11 10:48:01 UTC - NOT_HELPFUL

Rated by Participant: FE68F962C485D0BCC5E577ECF61912AD04B27C6AD4B725893B10060766107A57
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Original Note:

Argentina annual inflation rate is not down to 11%. The 300% is based on year on year core inflation. The 11% is March CPI month on month. It is a misrepresentation to claim a reduction based on the comparison of monthly to annual inflation. https://www.bbvaresearch.com/en/publicaciones/argentina-inflation-was-11-in-march-and-decelerated-more-than-expected-once-again/#:~:text=Core%20inflation%20was%209.4%25%20m,expectation%20for%202024%20at%20175%25. https://tradingeconomics.com/argentina/inflation-rate-mom

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