“Argentina’s inflation rate has risen to more than 70% amid a severe economic and financial crisis.
Consumer prices climbed 71% in July year-on-year, the country’s statistical office Indec said on Thursday.
In July alone, prices increased by 7.4% compared to the previous month.
The government recently announced it would freeze prices and salaries for two months in order to slow the decline in the value of the national currency, the peso.
Argentina’s inflation rate is one of the highest in the world…
www.msn.com/en-xl/news/other/argentinas-inflation-rate-soars-to-71/ar-AA10zqLS
Views: