Argentina says Nov inflation eases to 1.1pc m/m

BUENOS AIRES: Argentine inflation eased in November to 1.1 percent on the month, bucking expectations for the rate to hold steady, official data showed on Monday.

The median forecast in a Reuters poll of economists had been for consumer prices to rise 1.2 percent, like in October.

Latin America's third-largest economy has one of the world's fastest inflation rates, which some analysts say is already running close to 40 percent on a yearly basis.

Many analysts question the credibility of government data.