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Montevideo, May 8th 2024 - 23:55 UTC

Tag: price of basic goods

  • Thursday, April 18th 2019 - 09:44 UTC

    Macri announces freeze in the price of basic goods and in public services

    The Macri government has committed to not increasing the price of public services such as transport, gas and electricity for the rest of the year.

    Argentina's President Mauricio Macri announced a freeze in the price of basic goods and public services on Wednesday in a bid to limit the impact of spiraling inflation that could hamper his re-election hopes in October. Hit by soaring prices due to inflation that reached almost 55% over the last 12 months, many Argentines have been calling for a change in economic policy.