Argentina hikes rate to 69.5% as inflation surges to 30-year high

Argentina’s monthly inflation for July was the highest in twenty years – at 7.4 percent.
That means accumulated inflation for the year so far is more than 46-percent – and is projected to rise above 90-percent by the end of 2022.
High inflation is an almost-constant problem in Argentina.

Al Jazeera’s Daniel Schweimler reports from Lujan, Argentina.

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