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by defrost 589 days ago
Expanding on this, ("monthly rate" Vs "month by month projected annual rate" figures)

"When he was elected" (December 2023) he came in on the November 2023 annual inflation rate of 160.9%.

At the end of December 2023 the annual inflation rate was 211.4%

From the AP News link:

    On an annual basis, inflation in October (2024) was 193% compared to 209% reported in September (2024).
As a chart, see: https://tradingeconomics.com/argentina/inflation-cpi

and select time frame of interest, 1YR is tight, 3YR shows the rise and fall.

The inflation rate is headed toward the 'low' of November 2023 but hasn't quite yet descended there yet.