The Argentine price of production was 15.8% in September


According to the Institute of Economics of the Faculty of Economic Science of Uade, The low driven "Due to the devaluation of the currency, it made it possible to gain competitiveness and recover the positive balance of trade balance in September, after almost two years of deficit."

He said that most of the components of the indicator "had a lower rise in wholesale inflation than in the inter-annual period was 74%."

In the monthly comparison, the Argentine price of production showed a real monthly drop of 4.2% compared to August 2018, Added the report to specify that it is "the steepest drop in a month since the start of the measurement."

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At the same time, he noted that five of the components of the index "showed a monthly rise in September in real terms" which was offset by the fall of the other seven elements.

The elements of the index, which were higher, were the interest rate, land irrigation, social conflict, the price of energy and capital goods.

In the culmination of 2018, by September, the production price reduction was 11.7% in real terms, he adds.

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