Argentina's inflation will end the year in double digits

The cost of living rose 1.2 percent in November, bringing accumulated inflation so far this year to 11.1 percent, the INDEC census bureau reported yesterday.

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Food prices rose an average of 2.1 percent, pushed by a 4.5-percent rise in meat prices, a 2.8-percent hike in fruit prices and a 1.5-percent increase in dairy products and eggs.

Rising food prices pushed up the cost of the basic food basket by 3.3 percent to 385.77 pesos, the sum required by a family of four to be above the indigence line.

hardly good news... i've certainly noticed increasing prices on just about everything, particularly apparent when coming back after being gone for a few months... given the still high rate of unemployment and the number of folks still at the poverty or extreme poverty level, this is only making life that much harder...

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