15-01-2019 20:31 via kvoa.com

Argentina says 2018 inflation hits 47.6 percent

BUENOS AIRES, Argentina (AP) — Argentina says that consumer prices rose 47.6 percent in 2018, the highest rate since 1991.
The annual inflation rate published by the official statistics agency Tuesday is also one of the world’s highest.
President Mauricio Macri has struggled to tame that inflation and Argentina’s peso currency also lost about half of its value last year.
The economic turmoil led the government last year to seek a $56 billion bailout with the International Monet
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