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Argentina’s Monthly Inflation Accelerates as IMF Talks Stall

  • Nation’s consumer prices rose 3.8% m/m last month; 50.9% y/y
  • Annual inflation has exceeded 50% in two of last three years

Argentina posted its fastest monthly inflation rate in eight months on Thursday, complicating the path to deliver a stability plan as part of negotiations with the International Monetary Fund.

Consumer prices in December rose 3.8% from November, below economists’ expectations for 4.1%. From a year ago, inflation reached 50.9%, according to government data published Thursday. It’s the second time since 2019 that Argentina ends the year with annual inflation above 50%.