Argentina hikes rate to 69.5% as inflation surges to 30-year high



Argentina's monthly inflation for July was the highest in twenty years – at 7.4 percent. That means accumulated inflation for the year so far is more than 46-percent – and is projected to rise above 90-percent by the end of 2022. High inflation is an almost-constant problem in Argentina. Al Jazeera's Daniel Schweimler reports from Lujan, Argentina. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News #Argentina #Inflation #July #Increase #HighInflation #Lujan
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