BUENOS AIRES, Sept 13 — Argentines, up against painful annual inflation at 113 per cent and rising, are running a daily gauntlet to find deals and lower prices as rapid hikes...
BUENOS AIRES, Sept 13 — Argentines, up against painful annual inflation at 113 per cent and rising, are running a daily gauntlet to find deals and lower prices as rapid hikes often leave big differences from one shop to the next, with scattered discounts to lure shoppers.
Her husband, Fernando Cabrera, 59, was doing sums on a calculator to compare fruit and vegetable prices.A vendor carries a sack of garlic at the Mercado Central, the city’s largest wholesale central market, which receives produce from the entire country, as Argentines face a daily race for deals as inflation soars above 100 per cent, on the outskirts of Buenos Aires September 12, 2023.
That’s playing into a race towards presidential elections next month, with radical libertarian Javier Milei the shock frontrunner ahead of establishment candidates economy minister Sergio Massa and conservative Patricia Bullrich. “While the rest of the Latin American countries have single-digit inflation, Argentina is already in triple-digits.”
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