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Argentina's annual inflation rate ended 2023 at 211.4%, the highest since the early 1990s, official data showed on Thursday, propeling the embattled South American country's year rise in prices above Venezuela for the first time in decades. Argentina's monthly inflation also hit 25.5% in December, below forecasts, after a sharp devaluation of the local peso by the new government of libertarian President Javier Milei, who came into office last month pledging to fix the economic crisis. The inflation data, the first involving a period since Milei took office on Dec. 10, undersco...

Argentina's monthly inflation rate likely soared to 28% in December, which would be the highest since early 1990, driven by a sharp devaluation of the peso currency last month by the new... -January 09, 2024 at 09:26 am EST - MarketScreener

By Hernan Nessi and Lucila Sigal BUENOS AIRES (Reuters) - Argentina's annual inflation rate hit 161% in November, faster than expected and the highest...

Argentina's economy likely entered a technical recession - two straight quarters of economic contraction - in the third quarter, a Reuters poll of analysts showed on Thursday, with an expected... -December 14, 2023 at 10:54 am EST - MarketScreener

Argentina's annual inflation rate hit 161% in November, faster than expected and the highest monthly figure this year, laying bare the daunting challenges new President Javier Milei faces in navigating the country's turbulent economic waters. The data is the first inflation readout since Milei took office last Sunday, promising to right Argentina's flailing economy, including sky-high consumer prices that have sapped residents' purchasing power and fueled rising poverty. Inflation is expected to climb faster in the months ahead after Milei's government devalued the p...