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Financials

Argentina cenbank chief says targets inflation of 8-12 pct for 2018

BUENOS AIRES, Sept 26 (Reuters) - Argentina’s central bank will target inflation of 8 percent to 12 percent in 2018, down from a 12 to 17 percent target in 2017, central bank chief Federico Sturzenegger said on Monday.

Inflation should fall to around 5 percent in 2019, he said in a presentation to explain the bank’s inflation targeting strategy. (Reporting by Luc Cohen; Editing by Chris Reese)

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