{"id":29005,"date":"2023-01-31T01:31:42","date_gmt":"2023-01-31T01:31:42","guid":{"rendered":"https:\/\/www.aplf.com\/2023\/01\/31\/economy-argentina-sees-prices-almost-doubling-last-year\/"},"modified":"2023-01-31T01:31:49","modified_gmt":"2023-01-31T01:31:49","slug":"economy-argentina-sees-prices-almost-doubling-last-year","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hant\/2023\/01\/31\/economy-argentina-sees-prices-almost-doubling-last-year\/","title":{"rendered":"Economy &#8211; Argentina sees prices almost doubling last year"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"29005\" data-post-id=\"29005\" data-obj-id=\"29005\" class=\"elementor elementor-29005 dce-elementor-post-29005 elementor-29000\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-372d15d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"372d15d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-865f172\" data-id=\"865f172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35eab76 elementor-widget elementor-widget-text-editor\" data-id=\"35eab76\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>31 January 2023<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f231751 elementor-widget elementor-widget-heading\" data-id=\"f231751\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"\">Economy - Argentina sees prices almost doubling last year<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a08a724 elementor-widget elementor-widget-text-editor\" data-id=\"a08a724\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Argentina saw prices almost double last year as the country&#8217;s annual inflation rate hit its highest level in more than thirty years.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-29001\" src=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2023\/01\/image-14-500x280.jpeg\" alt=\"\" width=\"500\" height=\"280\" srcset=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2023\/01\/image-14-500x280.jpeg 500w, https:\/\/www.aplf.com\/wp-content\/uploads\/2023\/01\/image-14.jpeg 540w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/p>\n<p>It was the highest inflation rate since 1991 with the consumer price index closing the year at 94.8% with monthly price inflation oscillating between 5% and 7%.<\/p>\n<p>The crisis has been attributed to the increase in the money supply with the government printing more and more pesos and the surge in commodity and mainly energy costs caused by the conflict in Ukraine.)<\/p>\n<p>In addition, trade unions demanded and received large wage rises with the Federation of Leather and Allied Workers (FATICA agreeing to a pay rise in excess of 70% in June.<\/p>\n<p>Argentina has a 30-month agreement with the IMF to receive up to US$44 billion in bailout funds and the most recent tranche of US$6 billion was granted to keep government finances afloat.<\/p>\n<p>Last year, after three economy ministers only lasted one month, Argentina&#8217;s central bank raised its main rate of interest to 75% as it tried to rein in the soaring cost of living. Current economy minister, Sergio Massa, who has been in the job since August, has been in agreement with such measures to curb rampant inflation.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-516b9ba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"516b9ba\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b6081fe\" data-id=\"b6081fe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8d853ad elementor-widget elementor-widget-spacer\" data-id=\"8d853ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>31 January 2023 Economy &#8211; Argentina sees prices a&hellip; <a class=\"more-link\" href=\"https:\/\/www.aplf.com\/zh-hant\/2023\/01\/31\/economy-argentina-sees-prices-almost-doubling-last-year\/\">\u95b1\u8b80\u5168\u6587 <span class=\"screen-reader-text\">Economy &#8211; Argentina sees prices almost doubling last year<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-29005","post","type-post","status-publish","format-standard","hentry","category-industry-news-tc","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economy - Argentina sees prices almost doubling last year - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hant\/2023\/01\/31\/economy-argentina-sees-prices-almost-doubling-last-year\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy - Argentina sees prices almost doubling last year - APLF Limited\" \/>\n<meta property=\"og:description\" content=\"31 January 2023 Economy &#8211; 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