What You Need To Know About Markets And The Economy
The people of Argentina are now grappling with inflation running over 100%, as soaring prices of beef and other foods drive the rate into three digits.published Tuesday, with the cost of national pride beef rocketing over 30% in one region.
It's the first time since 1991 that Argentina has logged inflation of over 100%, according to Bloomberg data. The price of buttock, shoulder, rump steak, and minced meat jumped over 30% in the Greater Buenos Aires region, which includes the country's capital and is home to just under a quarter of its population.price control programThat's one of a number of unconventional policies that the government has introduced to try to rein in inflation.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Argentina inflation tops 100% for first time since 1991Argentina's annual inflation rate tore past 100% in February, the country's statistics agency said on Tuesday, the first time it has hit triple figures since a period of hyperinflation in 1991, over three decades ago.
Read more »
Argentina's inflation tops 100% for the first time since 1991 | CNN BusinessArgentina's yearly inflation rate rose past 100% for the first time in three decades, according to new figures released by the country's statistical body INDEC, as the government struggles to control rising prices.
Read more »
Morgan Wallen Rules Artist 100, Hot 100 & Billboard 200 Charts Simultaneously for First Time.MorganWallen rules the Artist100, Hot100 and Billboard200 charts simultaneously for the first time.
Read more »
USD/MXN Price Analysis: Bulls appear well-set to cross 100-DMA hurdle around 19.00USD/MXN Price Analysis: Bulls appear well-set to cross 100-DMA hurdle around 19.00 USDMXN Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »
NZD/USD Price Analysis: 100-EMA prods bearish eyeing 0.6130NZD/USD sticks to mild losses near 0.6210 during the first downbeat day in three heading into Tuesday’s European session. In doing so, the Kiwi pair s
Read more »