BUENOS AIRES: Argentina's monthly inflation rate slowed down more than expected to come in at 13.2% in February, a boost for libertarian President Jav...
A flooded street in Avellaneda, Buenos Aires Province, Argentina, on Tuesday, following heavy rains in the area. Storms flooded parts of Buenos Aires and the surrounding area, causing flight delays, leaving vehicles under water and preventing businesses from opening. – AFPpicArgentina's monthly inflation rate slowed down more than expected to come in at 13.
“The impact of the cost of food is just brutal,” said Ines Ambrosini, a 62-year-old who shops in wholesale markets to find deals. “Everything costs a lot of money, the food, the fruit, the vegetables, the meat, the dairy products.” Sandra Boluch, a fruit and vegetable seller at a market in Buenos Aires, said she was seeing a worrying trend as inflation soars: sliding sales and more people scavenging for what she throws away, hoping to find enough for a meal.
However, the president has signalled that March could be “complicated”, as signals in the economy have looked bleak, with tumbling sales, activity and production. In the past 24 hours or so, Argentina's main agricultural regions have seen between 15mm and 75mm of rain, according to the national meteorological service, which predicts more over the next few days.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
9 killed, 2 injured as residential building collapses in Pakistan's PunjabISLAMABAD: At least nine people were killed and two others severely injured on Tuesday after a residential building collapsed in Multan city of Pakist...
Read more »
MOF considers statutory bodies' mandate before approving investmentsKUALA LUMPUR: The Ministry of Finance (MoF) takes into account the mandate for establishing statutory bodies, their investment risk management and inv...
Read more »
Boeing whistleblower found dead of apparent suicideJOHN BARNETT, a former Boeing employee who had reportedly raised concerns about the company&039;s production issues, was found dead of an apparent suicide...
Read more »
Tesla official talks up Southeast Asia expansion as China’s BYD pulls aheadNEW YORK: Tesla&039;s expansion into Southeast Asia is a priority, a senior executive said on Tuesday (March 12), highlighting the fast-growing market whe...
Read more »
Sabah Aims to Boost Economy with Durian TourismSabah aims to become one of the durian tourism spots in Malaysia to help farmers and entrepreneurs boost their economy. The Sabah Durian and Tropical Fruit Planters Association (MaSDA) hoped that Sabah would be included in the 2024 durian tourism packages by Tourism Malaysia.
Read more »
ECRL could boost nation’s GDP by 4%, says ZafrulKUALA LUMPUR: The East Coast Rail Link (ECRL) is anticipated to contribute a 3.8% increase to Malaysia’s gross domestic product (GDP) by 2047 by enhancing trade, boosting tourism and stimulating regional development, said the Investment, Trade and Industry Minister.
Read more »