vga@sopuli.xyz to World News@lemmy.worldEnglish · 2 days agoArgentina inflation tumbles to five-year-low 1.5% in boost for Mileiwww.reuters.comexternal-linkmessage-square6linkfedilinkarrow-up146arrow-down12
arrow-up144arrow-down1external-linkArgentina inflation tumbles to five-year-low 1.5% in boost for Mileiwww.reuters.comvga@sopuli.xyz to World News@lemmy.worldEnglish · 2 days agomessage-square6linkfedilink
minus-squareHumanius@lemmy.worldlinkfedilinkEnglisharrow-up14·edit-22 days agoConverting that to a yearly inflation figure: 1.01512 =~ 1.196 So about 19.6% yearly, assuming it will stay at 1.5% monthly for the next year. By Argentinian standards that is honestly not too bad
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down1·2 days agoCan’t raise prices if nobody has any money 😎
Converting that to a yearly inflation figure:
1.01512 =~ 1.196
So about 19.6% yearly, assuming it will stay at 1.5% monthly for the next year.
By Argentinian standards that is honestly not too bad
Can’t raise prices if nobody has any money
😎