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Friday, December 13, 2013

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.

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Tags:  Argentina  Economy  November  INDEC  


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