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By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure...

Argentina's Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters poll of analysts on Monday, after a sharp devaluation of the local peso currency last month. The country's government devalued the currency by nearly 20% in mid-August after radical libertarian Javier Milei, who wants to axe the central bank and dollarize the economy, won a shock 30% of the vote in the country's open primary election. Argentina was already battling annual inflation near 115%, which is driving a painful cost of living ...

Argentina's economic activity fell 4.4% in June from a year earlier, the country's official statistics agency said on Wednesday, below the expectations of a Refinitiv poll of a 4.0% drop. The country's economy has been severely hit by poor performance in the agricultural sector, which registered a 40.4% drop year-on-year according to INDEC data . "The impact of the poor performance of the agricultural sector is especially strong," said economist and director of Invenomica Pablo Besmedrisnik consulting firm.

The International Monetary Fund should in the coming days finalize the basis for a staff level agreement with Argentina over a review of the country's $44 billion loan with the IMF, the...

BUENOS AIRES (Reuters) - The International Monetary Fund (IMF) should in the coming days finalize the basis for a staff level agreement with Argentina...