Argentina says October inflation slows to 1.2 pct m/m

viernes 14 de noviembre de 2014 15:10 GYT

BUENOS AIRES Nov 14 (Reuters) - Argentine inflation in October eased to 1.2 percent on the month, below market forecasts and compared with 1.4 percent in September, official data showed on Friday.

The median forecast in a Reuters poll had been for consumer prices to rise by 1.4 percent.

Latin America's third-largest economy has one of the world's fastest inflation rates, which some analysts say is already running at 40 percent on a yearly basis.

Many analysts question the credibility of government data. (Reporting by Richard Lough and Maximiliano Rizzi; Editing by James Dalgleish)