Argentina to Tighten Food Price Controls as Inflation Quickens
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Argentina will intensify control over price limits on food products after the fastest inflation in two years sparked police strikes and looting.
The government will widen controls to include food producers as well as vendors and monitor prices in real time by tracking bar codes in a pact with companies that will be voluntary, Cabinet Chief Jorge Capitanich told reporters in Buenos Aires today. The agreement will span more than 180 goods including meat, cooking oil and bread, he said.