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Argentina Retail Group Warns Inflation Erodes Purchasing Power
PerfilLO·AR·3 days ago
Argentina's September inflation rose to 2.1%, reversing the prior deceleration from 1.8% in August, per the IETSE economic report. Retail food sales fell 8.3% year-on-year, and 88.8% of households finance food purchases, indicating deepening consumer strain. The acceleration suggests persistent price pressures, complicating monetary policy and raising stagflation risks.