Government data delivered a warning to President Javier Milei on Thursday as statisticians revealed that inflation accelerated last month above the expectations of most analysts.
Data from Argentina’s Consumer Price Index (CPI), tracked by the INDEC national statistics bureau, shows that prices increased 2.5 percent in November – 0.2 points above the 2.3 percent recorded in October.
As a result, cumulative inflation over the last 11 months rose to 27.9 percent, with prices up 31.4 percent year-on-year.
While the news will be of concern to the Milei government, the figure was f
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