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Argentina closes 2023 with skyrocketing inflation unseen in 34 years

ConcepciĆ³n M. Moreno Buenos Aires, Jan 11 (EFE). – Argentina closed 2023 with an inflation rate of 211.4% year-on-year, the highest since the hyperinflation of 1989-1990, 34 years ago. The National Statistics and Census Institute (Indec) reported that consumer prices rose 25.5% in December, an acceleration of 12.8% from the previous month, while the year-on-year …

Argentina s year-on-year inflation reached 160 9% in November

Buenos Aires, Dec 13 (EFE). – Argentina’s consumer price index reached 160.9% year-on-year in November, after growing 12.8% over October, the National Statistics and Census Institute (Indec) reported Wednesday. The 12.8% growth in the eleventh month of the year represents a worrying acceleration from the 8.3% monthly rate recorded in October. According to the official …

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