In May, Argentina's inflation drops to 4.2% mm.
BySoumen Samanta

In May, Argentina’s inflation drops to 4.2% m/m.

© Reuters. FILE PHOTO: Shoppers inspect merchandise at an Argentine wholesaler in Buenos Aires 10 May 2024. 

 

 

NEW YORK (Reuters) – According to official figures released on Thursday, the monthly inflation rate in Argentina was 4.2% in May. This was lower than the 4.9% predicted by a Reuters poll and lower than the 8.8% rate recorded in April.

 

In the meantime, inflation in the 12 months ending in May was 276.4%, which was also less than the 279.4% polled estimate.

 

Similar Posts

Spirit Aero Appoints New CFO Ahead of Impending Acquisition by Boeing

Spirit Aero Appoints New CFO Ahead of Impending Acquisition by Boeing

BySoumen Samanta

Spirit AeroSystems Holdings Inc. replaced a key leader with a new chief financial officer as Boeing Co.’s plans to repurchase the aerospace supplier pick up steam. Spirit said in a filing that the firm named Irene Esteves, the former head of finance of Time Warner Cable Inc., as CFO to replace Mark Suchinski. According to…

The wife of TDP leader Chandrababu Naidu makes ₹584 crore from this FMCG stock in just five days.

The wife of TDP leader Chandrababu Naidu makes ₹584 crore from this FMCG stock in just five days.

BySoumen Samanta

Heritage Foods share price: The primary promoter of this FMCG company is Nara Bhuvneshwari, the wife of TDP politician Nara Chandrababu Naidu.   Share price of Heritage Foods: Despite the stock market meltdown brought on by the unexpected Lok Sabha election results, the FMCG company’s stock closed higher on June 4.   News on the…

Belcan will be acquired by Cognizant Technologies for $1.3 billion in cash and equity

Belcan will be acquired by Cognizant Technologies for $1.3 billion in cash and equity

BySoumen Samanta

The agreement would increase Cognizant’s presence in the aerospace, defence, space, and automotive industries. Cognizant is situated in Teaneck, New Jersey. According to persons familiar with the issue, digital engineering firm Belcan has agreed to be acquired by information technology services provider Cognizant Technologies for approximately $1.3 billion in cash and equity. The agreement would…

Elliott purchases a $1.9 billion investment in Southwest Airlines with the intention of ousting the CEO and chair.

Elliott purchases a $1.9 billion investment in Southwest Airlines with the intention of ousting the CEO and chair.

BySoumen Samanta

  Important Points With a $1.9 billion investment in Southwest Airlines, activist Elliott Management intends to pressure the financially troubled airline to restructure its leadership. Elliott now holds one of the largest stakes in Southwest. Among the difficulties Southwest has faced are Boeing’s 737 Max supply delays.   Activist hedge fund Elliott Management intends to…

Five  Ways  to Improve A.land  Product Management 

Five  Ways  to Improve A.land  Product Management 

BySoumen Samanta

Contents1 By Dr. Pooyan Ghamari, Swiss Economist 1.1 Comprehensive Database1.2 Advanced Market  Analysis1.3 Comprehensive Property Management Services 1.4  Conclusion  By Dr. Pooyan Ghamari, Swiss Economist   A.land offers  solutions  that simplify your property management needs. Here’s  a closer look at how A.land can  improve your  property: Comprehensive Database  Comprehensive Database A.land  has an extensive database of  product names…

Leave a Reply

Your email address will not be published. Required fields are marked *