INSUBCONTINENT EXCLUSIVE:
Experts expect a similar rate for September.These projections come from specialized consulting firms that were surveyed.Several factors
influence the surge in prices.This included the recent primary election results favoring conservative candidate Javier Milei, currency
fluctuations, and import limitations.The cost of meat saw the most significant rise in August
(Photo Internet reproduction)The official figures are set to be released on September 13.While the government maintains an inflation
estimate of 9%, the average estimate among the analysts surveyed is 12%.In July, the price index stood at 6.3%, up from 6% in the previous
households that are already grappling with financial strain.High inflation also affects small businesses, limiting their ability to plan for
the future.The government sees the situation as a challenge and is attempting various strategies to curb rising costs.These include tax
adjustments and subsidies, but with limited success so far.Currency depreciation plays a notable role in the inflation spike.As the
Argentine peso loses value against other currencies, imported goods become more expensive, adding to the inflationary pressure.Public
sentiment is a key factor here, too
The uncertainty around the economic landscape is causing businesses and individuals to adjust their spending habits cautiously.The upcoming
elections make the situation even more complex
The policies of the winning candidate could significantly influence economic stability, adding another layer of uncertainty.Moreover, as
