Argentina's inflation rate rose to 4.6% in June, breaking a five-month downward trend.
Argentina's inflation rate rose to 4.6% in June, breaking a five-month downward trend. The rate, still high at 271.5% annually, has been attributed to cost-cutting and austerity measures by President Javier Milei's government. Despite the slowdown in inflation, Argentines have not yet experienced relief from high utility, transport, and food prices, with their monthly minimum wage struggling to keep up with inflation.
July 12, 2024
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