Economy Milei’s first inflation rate hits 25.5% - Buenos Aires Times

[Avocado]

More bad news for Milei fans. Bad times coming.

Another report by the Ecolatina consulting firm said that inflation will average a monthly 20% between December and March and that real salaries will fall by 10% in that period. It added that the scenario would imply a recession.

Milei’s first inflation rate hits 25.5% - Buenos Aires Herald​

The figure for December 2023 more than doubles November’s extraordinary 12.8%. The president had said 30% would be cause for celebration
buenosairesherald.com

 

[Betsy Ross]

More bad news for Milei fans. Bad times coming.

Another report by the Ecolatina consulting firm said that inflation will average a monthly 20% between December and March and that real salaries will fall by 10% in that period. It added that the scenario would imply a recession.

Milei’s first inflation rate hits 25.5% - Buenos Aires Herald​

The figure for December 2023 more than doubles November’s extraordinary 12.8%. The president had said 30% would be cause for celebration
buenosairesherald.com

Thanks for posting. The most important part of that article was this:

Anticipating the figure, presidential spokesman Manuel Adorni blamed Alberto Fernández’s government. “Every point of inflation is the responsibility of the previous administration,” he said in his daily press conference on Thursday, and added that people who blame Milei are being “childish or naive.”