BUENOS AIRES, Feb 13 (Reuters) - Argentina’s consumer prices rose 3.7 percent in January compared with December, the government said on Thursday.
The figure was the first to be published under a new index designed in consultation with the International Monetary Fund. The previous index had been widely discredited and was considered to greatly underestimate the real number, prompting censure from the IMF.
Private economists estimated that Argentine consumer prices rose 5.6 percent last month, according to the median in a Reuters poll of six analysts. (Reporting by Rosalba O‘Brien and Kevin Gray; Editing by James Dalgleish)