The Penny Pinching In Argentina Won't Stop Anytime Soon

And with consumers in a funk, the economy is stuck

Sitting outside a Buenos Aires supermarket, Jose Luis and Gladys Toledo are going through what has become a monthly ritual. They're counting out the pesos they have to spend on the items they need for their growing family. "When we got married two years ago, coming to the supermarket was like a mini-adventure," says Jose Luis, who earns $310 a month working as a security guard. "But now every time we go it's frustrating because there are so many things that we can't afford."

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