Argentina's new Economy Minister Sergio Massa attends a news conference after being sworn in, at the Economy Ministry in Buenos Aires, Argentina, August 3, 2022.Argentina's new Economy Minister Sergio Massa attends a news conference after being sworn in, at the Economy Ministry in Buenos Aires, Argentina, August 3, 2022.
Argentine annual inflation hit 83% in September, and is forecast to climb as high as 100% by the end of the year, piling pressure on households and the peso currency, and feeding social discontent in the major grain-producing nation. The minister said the government is negotiating a new plan aimed at containing the cost of food staples, which he hoped would help Argentina’s neediest by the end of the year.
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