Argentines, up against painful annual inflation at 113% and rising, are running a daily gauntlet to find deals and lower prices as rapid hikes often leave big differences from one shop to the next, with scattered discounts to lure shoppers. the peso currency last month, are driving a cost-of-living crisis, have left 40% of people in poverty, and are stoking anger at the traditional political elite ahead of October elections. Her husband, Fernando Cabrera, 59, was doing sums on a calculator to compare fruit and vegetable prices.
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"It's so hard. Each day things costs a little more, it's like always racing against the clock, searching and searching," said Laura Celiz as she shopped for groceries in Tapiales on the outskirts of Buenos Aires. "You buy whatever is cheaper in one place and go to the next place and buy something else."
That's playing into a race towards presidential elections next month, with radical libertarian Javier Milei the shock frontrunner ahead of establishment candidates economy minister Sergio Massa and conservative Patricia Bullrich.And inflation itself could still get worse amid the election uncertainty, which has revived memories of hyperinflation from the 1980s among those who lived through it.
Business owners, who themselves face a tricky cycle of wholesale prices rising before they've shipped merchandise and been able to restock, are also suffering from product shortages due to the uncertainty of inflation.
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