Economics
Argentina Posts Highest Year-End Inflation in Almost 30 Years
- Annual inflation ended 2019 at 53.8%; December CPI at 3.7%
- A currency crisis and painful austerity cuts made prices surge
Pedestrians are reflected in the window of a store on Florida Street in Buenos Aires.
Photographer: Sarah Pabst/BloombergThis article is for subscribers only.
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Argentina recorded its biggest increase in prices last year since 1991 when the South American nation was recovering from hyperinflation.