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
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.
Subscribe to our channel http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile
#Argentina #InflationCrisis #EconomicDownturn #PesoDepreciation #Hyperinflation #MacroeconomicCrisis #FinancialInstability #InflationSurge
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- Al Jazeera, Al Jazeera English, al Jazeera
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