BUENOS AIRES, Sept 11 - Argentina's Consumer Price Index likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters poll of analysts on Monday, after a sharp devaluation of the local peso currency last month.
Argentina was already battling annual inflation near 115%, which is driving a painful cost of living crisis and pushing people into poverty. The crisis is also shaking up the political arena ahead of general elections in October.
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