Argentina prices continue to climb despite slowing monthly inflation

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added by XaniaNews
9 Views
Argentina prices are continuing to climb, despite some signs of deceleration, with the embattled South American country's annual inflation rate set to edge closer to 300 per cent.

For fruit and vegetable seller in Buenos Aires, Sandra Boluch, even though there are comments on the inflation rate going down, the benefits are not being felt.

"We feel this much more and we hope that this huge crisis will help, that our sacrifice will serve a purpose and that we will get out of this," one shopper said.

The government of libertarian President Javier Milei, which inherited a major economic crisis, has touted its success in lowering monthly inflation, which has declined this year since Milei took office on Dec. 10, and sharply devalued the local peso currency, unleashing an initial inflation surge.

For more info, please go to https://globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on X HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #Argentina #Inflation
Category
News and politics
Tags
global news, argentina news, argentina

Post your comment

Comments

Be the first to comment

Related Articles