BUENOS AIRES, Feb 15 (AFP): Argentine waitress Daiana Alonso didn't need international economists to tell her that prices were rising fast, she has already been forced to give up buying meat.
Like many Argentines, the 23-year-old low income worker is concerned about the widespread inflation that has taken root since the beginning of the year.
On Thursday, under pressure from the IMF, Argentina introduced a new way to measure inflation, which confirmed what most consumers already knew.
And Argentina's sharp devaluation of its currency in January will only fuel the nation's already sky-high inflation.
"You feel it at the supermarket. I stopped buying chicken and beef when prices climbed a lot. A box of powdered milk for my child climbed from 45 to 55 pesos ($5.8 to $7.0)," Alonso said.
Argentine inflation hike no surprise to consumers
FE Team | Published: February 16, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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