Tough times for Argentine factories as consumers penny-pinch

Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods. In February, Argentina's economic activity slumped for a fourth straight month as self-described "anarcho-capitalist" President Javier Milei's budget-slashing plans took hold.

Apr 25, 2024 - 03:02
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Tough times for Argentine factories as consumers penny-pinch
Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods. In February, Argentina's economic activity slumped for a fourth straight month as self-described "anarcho-capitalist" President Javier Milei's budget-slashing plans took hold.

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Phillimon Sefake Phillimon Sefake is a creative writer and literary scholar