The annual variation of retail prices doubled its rate of increase in the first three years of Kirchner's administration, despite all the control programs.
The Argentine economy plunges into stagflation.
Price controls failed again as a tool to contain inflation. INDEC confirmed that retail prices rose 5.1% last December, so 2022 ended with a cumulative increase of 94.8% in this price segment.
The greatest increases were observed in the category of hotels and restaurants, with a variation of up to 7.2% compared to the previous month.
Alcoholic beverages and tobacco jumped 7.1% in December, household . . .