During November, the year-on-year inflation rate in Argentina it was 92.4%, according to the information disseminated by the National Institute of Statistics and Censuses (INDEC).

This level is one of the highest in the world, only surpassed by Turkey and Venezuela (a country for which there are no official figures).

Although Argentina faces an unstoppable escalation of consumer prices, in recent months modest brakes have been achieved on the level of inflation.

In immediate comparison, prices increased 4.9% from October to November, a lower level than the previous one of 6.3 percent.

This moderation is mainly due to falls in the food and clothing items, which have a significant impact on the general price level.

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Tags: Argentina Argentine economy Inflation Infographic Data The Economist