Overview
- INDEC reported consumer prices rose 2.5% in November, taking the 11‑month increase to 27.9% and year‑over‑year inflation to about 31.4%, slightly above market forecasts.
- Cristina Fernández de Kirchner, posting from house arrest in the Vialidad case, denounced the figure as the product of a sweeping austerity drive and cited a reported US$20 billion IMF operation and rising dollar debt.
- She revived the 2015 “IPC Congreso” comparison, asserting the opposition’s November 2015 reading was lower than today’s, and contrasted that period with an Argentina she said owed nothing to the IMF.
- Economy Minister Luis Caputo hailed the data, calling the 11‑month pace the lowest for that point in the year since 2017 and saying inflation has fallen to its lowest levels in eight years under the current administration.
- Senator Patricia Bullrich fired back on X, labeling Kirchner a “presidiaria,” defending the government’s reforms, and noting December 2023’s monthly inflation was 25%, which she argued approximates all of 2025.