BUENOS AIRES, April 14 (Reuters) – Argentines, painfully accustomed to decades of soaring prices, say that the current 102.5%-and-climbing inflation rate is on another level and is making it almost impossible to get by.
“In my case, I have zero capacity to save,” said Claudia Hernansaez, a publishing company employee.
“I try to think that someday we’re going to be better off. But the inflation we’re living with today in Argentina is terrible. It feels like never before.”
The South American country is expected to announce March inflation data on Friday afternoon, with analysts polled by Reuters predicting an 8-month high 7.1% monthly rise. A central bank poll forecasts annual inflation to hit 110% this year.
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Source: https://www.reuters.com/world/americas/zero-capacity-save-argentines-buckle-under-103-inflation-2023-04-14/
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