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Argentine monthly inflation lowest in 2.5 years
Argentine monthly inflation lowest in 2.5 years

Monthly inflation in economically troubled Argentina came in at 4.2 percent in May, the lowest in two-and-a-half years, mainly due to a drop in consumption, the INDEC statistics agency said Thursday. Economist Hernan Letcher of the CEPA economics think tank told AFP the inflation drop was explained, in large part, by a "significant fall in consumption."