Price controls and other antiinflationary measures in #Argentina “are likely to have a limited impact on CPI,” @jpmorgan writes in a new report, as wage indexation and election jitters push prices up.
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Worst yet, food prices continue to drive overall inflation, which is bad news for the incumbant. The worst offender? Meat. That’s a sensitive subject in #Argentina, where the price of a steak is as politically fraught as the cost of a gallon of gasoline in the U.S.
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We address the political consequences of
#Argentina’s rising meat prices in an upcoming, carnivorous issue of@LATAMProg’s newsletter, the#WeeklyAsado. Subscribe now! https://engage.wilsoncenter.org/onlineactions/YQcpNdU-sU-dusDkAOYDtw2 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
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