BUENOS AIRES-Argentina’s government has reached a preliminary agreement with supermarket chains to freeze the prices of basic goods next year as President Cristina Kirchner fine tunes price controls that have failed to tame double-digit inflation.
Argentina sports the second highest rate of inflation in the Western hemisphere after Venezuela, fueled by money printing and a weakening currency.
The Kirchner administration signed…
Read the original post: Argentina Takes Another Shot At Price Controls
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