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Argentina: Fuel price rises complicate March inflation and tighten the government’s peso strategy


In the market, several consultancies are already assuming that the latest fuel adjustment, together with education, tariffs and food, will make that path harder.
Rising fuel prices have added new pressure to Argentina’s March inflation outlook, in a month already burdened by the start of the school year, utility adjustments and seasonal pressure on food prices. In the local market, gasoline prices have risen by roughly 7% to 8% so far in March, increasing the risk that monthly inflation could move back toward the 3% range.



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