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Argentina Freezes Prices on Over 1,400 Goods Ahead of Vote

  • Government fixed prices on household goods until Jan. 7
  • Measure follows failed bid to reach deal with companies
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Argentina’s government is freezing prices on 1,432 household items in an effort to cool accelerating inflation ahead of November’s midterm election and the Christmas holidays. 

Prices will remain fixed until Jan. 7 on the products, a larger list than the roughly 900 items government officials had originally pitched to companies and supermarkets last week. Talks between the government and industry leaders on a price agreement fell through Tuesday.