MarketsNotableReportedDeveloping
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Cuba Inflation Nears 30% as Peso Depreciates, Wages Stagnate
Diario de CubaSRC LO·CU·about 12 hours ago
Cuba's new neighborhood markets, intended to lower food prices and supplement the ration book, are reportedly selling at prices consumers and Diario de Cuba say remain unaffordable, with pensioners unable to buy basic goods. The initiative's effectiveness is questioned as complaints mount, though official data is lacking. This underscores persistent economic hardship and potential social strain in Cuba.