March 11, 2014
INDEC: inflation up 0.9% in November
Inflation rose 0.9% in November, the INDEC statistics bureau reported. Annualized inflation equals 10,5% compared to the same period last year.
Since January until November, the INDEC recorded a 9,4% rate, with a price increment in the clothing industry of 2,3% last month, transport and communications 1%, and food sector including drinks climbed 0,9%.
The federal government is currently working on a new national price index, to be presented next February.