Argentina .. Inflation hits 28-year high

Argentina’s inflation rate rose 54% last year, to its highest level in 28 years.

The inflation rate was slightly lower than 55%, which is the rate expected by economists.

It is noteworthy that Argentina is suffering from an economic crisis and sovereign debt of about 100 billion dollars, which requires negotiations with its creditors, among them the International Monetary Fund, which signed a financial aid agreement worth 57 billion dollars with the country located in South America.

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