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Argentina’s Inflation Surges Instantly after New President Cuts Subsidies

by bourbiza mohamed January 11, 2024, 7:35 pm 1.7k Views

Up to date Jan. 11, 2024 2:35 pm ET

BUENOS AIRES—Argentines in depth battered by galloping inflation ended up strike even more durable in December as foodstuff, gasoline and drug charges skyrocketed throughout President Javier Milei’s first thirty day interval in workplace atmosphere as he launched into professional-market place shock remedy to revive an financial system in shambles.

The client-selling worth index rose 25.5% final month, bringing the annual inflation quantity to 211%, governing administration research company Indec mentioned Thursday.

#Argentinas #Inflation #Surges #President #Cuts #Subsidies

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Written by bourbiza mohamed

Bourbiza Mohamed is a freelance journalist and political science analyst holding a Master's degree in Political Science. Armed with a sharp pen and a discerning eye, Bourbiza Mohamed contributes to various renowned sites, delivering incisive insights on current political and social issues. His experience translates into thought-provoking articles that spur dialogue and reflection.

Argentina’s Inflation Surges Instantly after New President Cuts Subsidies

Written by bourbiza mohamed

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