Overview
- INDEC reported November consumer prices up 2.5% month-over-month, with inflation at 27.9% for the first 11 months and 31.4% year-on-year, exceeding market forecasts cited in coverage.
- Cristina Fernández de Kirchner questioned the 2.5% figure in a post on X, calling it the result of the largest adjustment in memory and pointing to a new IMF loan of about US$20 billion, help from President Donald Trump, and additional dollar debt under Luis Caputo.
- She contrasted the number with November 2015, noting the opposition’s IPC Congreso showed 2.4% then and asserting that period carried no IMF debt as she highlighted social and wage achievements.
- Senator Patricia Bullrich replied on X, calling her “Señora presidiaria” and telling her not to opine on economics, arguing the government inherited severe distortions and citing December 2023’s 25% monthly inflation as roughly equal to all of 2025.
- Economy Minister Luis Caputo emphasized that the 27.9% rise over January–November is the lowest for that span since 2017, portraying the trajectory as evidence of progress under current reforms.