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Stubbornly high inflation is widening the economic gap in the world’s most unequal region.

Stubbornly high inflation is widening the economic gap in the world’s most unequal region.

Photographer: Nicolo Filippo Rosso/Bloomberg
Politics
The Big Take

Inflation Is Upending Politics in the Most Unequal Region on Earth

Soaring prices of food and fuel across Latin America are hitting the poor the hardest, creating a political tinderbox that’s a warning to the world. 

Governments globally are coming under immense pressure to cushion the blow of surging food and fuel prices. In Latin America, the response risks igniting a tinderbox.

From Mexico to Brazil, persistent high inflation is widening the gap between rich and poor in what is already the world’s most unequal region. It’s stoking political upheaval that could be a foretaste of what lies ahead as policy makers the world over struggle to meet demands to increase social spending.