Argentina extends price controls seeking to curb inflation
BUENOS AIRES, Argentina (AP) — Argentina’s government is extending its price control program aimed at curbing high inflation.
Economy Minister Axel Kicillof said Friday that the program will continue for three more months, until July 7.
The controls affect 476 supermarket items. They include staples like milk, bread and meat as well as other items like canned goods and cleaning products.
Consumer prices are one of the most pressing worries for Argentines.
The government says inflation ran at nearly 24 percent last year. But independent economists dispute that. They estimate the current inflation rate at nearly 39 percent.