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The Independent UK
The Independent UK
National
Daniel Politi

UNBELIEVABLE: Argentine inflation keeps soaring putting the government on the defensive as elections near - The Untold Story

Javier Milei Inflation Sergio Massa Donald Trump Argentina United States Patricia Bullrich INDEC
Copyright 2023 The Associated Press. All rights reserved

Consumer prices in Argentina soared 12.4% in August, compared to the previous month, the highest rate since February 1991, a number that puts the government on the defensive a little more than a month before presidential elections in which a right-wing populist who admires Donald Trump appears the favorite to win.

Argentina’s annual inflation rate rose to 124.4%, according to figures released by the government’s INDEC statistics agency Wednesday.

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