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Inflation in Argentina: CPI rises 2.5% in November, reaching 51.2% in 12 months

RIO DE JANEIRO, BRAZIL - Argentina's Consumer Price Index (CPI) rose 2.5% in November compared to the previous month. In 12 months, inflation in the country advanced to 51.2%.

The data were released on Tuesday (14) by the National Institute of Statistics and Censuses (Indec) and represent a slowdown from the 3.5% recorded in September and October.

However, the core of the CPI, which excludes prices of more volatile or regulated products, advanced 3.3% in November, putting pressure on inflation in the final stretch of the year.

According to Indec's report, last month's inflation . . .

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