Argentina recorded an inflation rate of 12.4 percent in August, the highest monthly change in over three decades in a country dogged by chronic economic instability, its statistics agency said Wednesday.
Argentines are already struggling to make ends meet after years of rising prices and currency volatility, and the latest figures come a little over a month before general elections.
Prices rose 124 percent over the past 12 months, and 80.2 percent since January according to a report by the Indec agency.
“There is nothing, no money to save. We live day to day,” said teacher Karina Sablich, while doing her grocery shopping.—AFP
