Argentina inflation rate 6.2% in September, below forecasts

Record ID: 1693177

  • Title: Argentina inflation rate 6.2% in September, below forecasts
  • Date: 14th October 2022
  • Summary: BUENOS AIRES, ARGENTINA (OCTOBER 14, 2022) (REUTERS) PEOPLE IN STREET MARKET PEOPLE QUEUYNG TO BUY IN STREET MARKET PEOPLE KEEPING BAGS IN TROLLEY STREET VENDOR WRITING RECEIPT PRICE TAG FOR MANDARINES PEOPLE STANDING IN LINE TO BUY AT STALL PRICE TAG FOR STRAWBERRIES PEOPLE PAYING GOODS, EXCHANGING ARGENTINIAN PESOS (SOUNDBITE) (Spanish) CONSUMER AND HOUSEWIFE, CLAUDIA VILLALBA, SAYING: “You have to look at the prices because there are things you can't afford, you have to take things out of your daily diet because you can't make ends meet. There are people who are having a really hard time." VARIOUS OF CONSUMER VIRGINIA DEMAIO BUYING AT STREET MARKET FRUITS AND VEGETABLES (SOUNDBITE) (Spanish) EMPLOYEE, VIRGINIA DEMAIO, SAYING: “It is very difficult, it is very difficult because prices change every day and that is why we come to these places to try to get better prices. Here there are much better prices than other regular greengrocer's. You can't go to the supermarket anymore because they offer 10% or 20% discounts but they increase the price the day before." PERSON QUEUING AT SUPERMARKET CASH REGISTER PERSON PLACING GOODS AT SUPERMARKET CHECKOUT BAND SUPERMARKET CASH REGISTERS VARIOUS OF PERSON CHOOSING PRODUCTS AT SUPERMARKETSTALL SHOWING LACK OF PRODUCTS HALF EMPTY SHELVES
  • Embargoed: 28th October 2022 20:19
  • Keywords: ARGENTINA ECONOMY INFLATION PRICES
  • Location: BUENOS AIRES, ARGENTINA
  • City: BUENOS AIRES, ARGENTINA
  • Country: Argentina
  • Topics: Budget/Taxation/Revenue,South America / Central America,Government/Politics
  • Reuters ID: LVA001238214102022RP1
  • Aspect Ratio: 16:9
  • Story Text: Argentina's monthly inflation rate was 6.2% in September, the government's INDEC statistics agency said on Friday (October 14), below analyst forecasts for a 6.7% increase in consumer prices.
    Inflation in the 12 months through September hit 83%, as the South American country battles surging prices that are sapping people's wages and savings. Prices were up 66.1% in the first nine months of the year.
    From Buenos Aires, employee Virginia Demaio said doing one's groceries is hard as prices keep changing constantly.
    Rising prices, especially food and fuel, are hurting Argentines badly, which has damaged the center-left Peronist government of President Alberto Fernandez ahead of general elections next year.
    (Production: Horacio Soria, Miguel Lo Blanco, Claudia Martini, Anna Portella, Gloria Lopez)
  • Copyright Holder: REUTERS
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