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Argentina: Consumption collapse, recession, and reserve scarcity fuel market uncertainty
PerfilLO·AR·3 days ago
Dutch-Argentine winery Salentein reports lower wine sales in Argentina following President Milei's economic reforms, which have reduced domestic purchasing power. The company nonetheless supports the reforms, viewing them as necessary to end years of financial instability. The development signals a short-term consumption hit from stabilization policies, with uncertain medium-term payoff.
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