March 14, 2018 / 7:10 PM / 9 months ago

Argentina says nationwide inflation 2.4 percent in February

FILE PHOTO - A customer shops for groceries at a supermarket in Buenos Aires June 13, 2008. REUTERS/Enrique Marcarian

BUENOS AIRES (Reuters) - Consumer prices in Argentina ARCPIM=ECI rose 2.4 percent in February, bringing the 12-month nationwide inflation rate ARCPIN=ECI to 25.4 percent, government data showed on Wednesday.

That was up from 1.8 percent and 25 percent in January, respectively, according to official statistics agency Indec. The central bank is targeting 15 percent inflation in 2018.

Reporting by Luc Cohen; Editing by Cynthia Osterman

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