Argentina’s May inflation reached 60.7% in 12 months

The rate is the highest in 30 years, and the parallel dollar has soared to ARS 224.

RIO DE JANEIRO, BRAZIL - Argentina's inflation registered an increase of 5.1% in May. With this result, the country's price index reached 60.7% in the accumulated 12 months. It is the highest value in 30 years.

The May variation beat April's, which had already been the highest since 1992. At the time, Argentina was coming out of a period of hyperinflation and had . . .

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