Published 01/12/2024 1:34:42 a.m.

Argentina’s annual inflation soars to 211.4%, the highest in the world

Summary by Ground News

The data reflects the strong impact of a series of shock measures, including a 50% devaluation of the nation's currency. Food and non-alcoholic beverages, the biggest contributors to the annual inflation rate, saw an average increase of 29.7% in December. Other products for mass consumption rose around 30%, while medications had average increases of 40%.

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abc News

Argentina's annual inflation soars to 211.4%, the highest in 32 years

Argentina's statistics agency says the country has registered a monthly inflation rate of 25.5% in December and closed 2023 with an annual inflation of 211.4%

01/11/2024 7:59:42 p.m.·United States

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National Post

Argentina's annual inflation soars to 211.4%, the highest in 32 years

BUENOS AIRES, Argentina (AP) — Argentina’s annual inflation soared to 211.4% in 2023, the highest rate in 32 years, according to figures released Thursday by…

01/12/2024 3:00:00 p.m.·Canada

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Bloomberg

Argentina to Issue 20,000 Peso Bills as Inflation Eclipses 211%

Argentina is preparing to offer larger denomination peso bills in an attempt to simplify daily transactions that require some in the country to carry backpacks stuffed with cash.

01/12/2024 1:34:42 a.m.·United States

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El Pais

Argentina’s annual inflation soars to 211.4%, the highest in the world

Argentina’s annual inflation soared to 211.4% in 2023, the highest rate in 32 years and highest in the world, surpassing Venezuela, according to figures released Thursday by the government’s INDEC statistics agency.Seguir leyendo

01/11/2024 11:37:53 p.m.·Spain

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Inquirer

Argentina's annual inflation soars to 211.4%

BUENOS AIRES, Argentina — Argentina’s annual inflation soared to 211.4 percent in 2023, the highest rate in 32 years, according to figures released Thursday by the government’s INDEC statistics agency. The data reflects the strong impact of a series of shock measures, including a 50-percent devaluation of the nation’s currency, implemented by right-wing President Javier

01/12/2024 1:36:00 a.m.·Manila, Philippines

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Tagesschau

Inflation rate in Argentina rises to over 200 percent

Argentina has been suffering from an extremely high inflation rate for months. In response, the central bank now wants to issue 20,000 notes in the local currency peso. [more]

01/12/2024 10:07:32 a.m.·Hamburg, Germany

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