Argentina’s Inflation Hits Highest Rate in 21 Years
In August, Argentina’s yearly inflation hit 124.4%, which is an 11-point jump from July’s 113.4%. The National Institute of Statistics and Censuses, or Indec, released these figures today. The inflation rate for that month stood at 12.4%. This is almost double July’s 6.3%. It’s the country’s highest monthly rate in 21 years. Food prices rose […]