Argentina’s inflation rate is expected to skyrocket to 250.6 percent this year and its economy to shrink more than previously forecast, the Organisation for Economic Cooperation and Development (OECD) said. “High inflation and sizeable fiscal tightening are projected to result in an output decline in Argentina in 2024 before growth recovers in 2025 as reforms start to take effect”.
February 5, 2024
SOURCE: BUENOS AIRES TIMES
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