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Argentina gives first inflation statistic in six months

INDEC Director Jorge Todesca (C) gives a press conference in Buenos Aires on June 15, 2016Argentina resumed publishing official inflation figures Wednesday, six months after the new conservative government declared a “statistical emergency” over what it said were years of bogus data. Finally, they have what President Mauricio Macri’s government calls a reliable answer. May inflation came in at 4.2 percent, announced the director of revamped national statistics institute INDEC, Jorge Todesca.

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