Argentina August inflation forecast at highest since 1991

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Argentina August inflation forecast at highest since 1991
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By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure ...

Heading to Principal’s Office for a Pint: Windsor’s Schoolhouse Brewery | SaltWireBUENOS AIRES - Argentina's Consumer Price Index likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters poll of analysts on Monday, after a sharp devaluation of the local peso currency last month.

Argentina was already battling annual inflation near 115%, which is driving a painful cost of living crisis and pushing people into poverty. The crisis is also shaking up the political arena ahead of general elections in October.

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