Argentina inflation surges past 200% as economic crisis bites
BUENOS AIRES: Argentina’s annual inflation rate sped past 211% in December, official data showed on Thursday (Jan 11), hitting the highest level since...
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BUENOS AIRES: Argentina’s annual inflation rate sped past 211% in December, official data showed on Thursday (Jan 11), hitting the highest level since...
Argentina's annual inflation rate sped past 211% in December, official data showed on Thursday, hitting the highest level since the early 1990s as new libertarian President Javier Milei seeks to head... -January 11, 2024 at 02:12 pm EST - MarketScreener
Argentine retiree Susana Barrio says she no longer invites her friends over for the traditional asado barbecue, long a key part of social life in the South American farming nation. Fast-rising... -January 11, 2024 at 06:09 am EST - MarketScreener
Inflation and rising prices force locals to cut down on basics
BUENOS AIRES (Reuters) -Argentina's annual inflation rate sped past 211% in December, official data showed on Thursday, hitting the highest level since the early 1990s as new libertarian President Javier Milei seeks to head off hyperinflation with tough austerity measures. Argentina's monthly inflation rate also hit 25.5% in the month, slightly below forecasts, after a sharp devaluation of the peso currency last month after Milei's government took office on Dec. 10, pledging to get inflation under control. The inflation reading took Argentina past regional peer Venezuela, long...