By Hernan Nessi
BUENOS AIRES (Reuters) – Argentina’s monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts polled by Reuters.
Argentina’s economy has struggled against sky-high inflation which ended 2023 at 211.4% and peaked near 300% last April. A central bank analysts’ poll released last week predicted the rate would end 2024 at 117.8% and break into double-digits this year, closing out 2025 at 25.9%.
Some 20 analysts polled by Reuters predicted monthly inflation levels ranging between 2.3% and 3.0%.
The analysts predicted a slight acceleration in December from the previous month, driven largely by food and entertainment prices due to the start of the end-of-year holiday period in the South American nation.
Consulting firm Management & Fit said food price hikes would be mainly driven by the price of meat, but that rises were also expected…
