Argentina’s Consumer Price Index (CPI) went up 2.7% in December 2024 for an accumulated 117.8% last year, the National Institute of Statistics and Census (Indec) said. It was the lowest monthly rate since July 2020 amid strict Covid-19 lockdowns, when inflation reached 1.9%. The division with the highest increase last month were Housing, water, electricity, gas, and other fuels (5.3%), due to increases in Housing rent and related expenses and Electricity, Gas, and other utilities. Right behind came Communication (+5%), due to adjustments in Telephone and internet services.
January 15, 2025
SOURCE: MERCOPRESS
Indec announces Argentina’s inflation in 2024 reached 117.8%