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Argentina inflation: Annual inflation soars above 250%

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Argentina's annual inflation rate has soared above 250 percent, according to new government data.
It's the world's highest, despite monthly inflation seeing a dip in January. With the rising cost of goods, soup kitchens, which rely on donations, are feeling the squeeze.

Al Jazeera's Our Latin America Editor Lucia Newman reports from Buenos Aires.

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#Argentina #InflationCrisis #EconomicDownturn #PesoDepreciation #Hyperinflation #MacroeconomicCrisis #FinancialInstability #InflationSurge
Category
World
Tags
Al Jazeera, Al Jazeera English, al Jazeera
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