Argentina's monthly inflation rate reaches a record low in May, but annual inflation remains near 300%, causing hardships for Argentines.

Argentina's monthly inflation rate falls to a record low in May, but annual inflation remains near 300%, with food prices outpacing salaries, causing hardship for many Argentines. Despite gov't efforts to reduce inflation, economy stalls and poverty rises, while minimum wage is insufficient to cover high food, utility, and transport costs, leading to a perception of "eating as a luxury."

June 13, 2024
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