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IMF: Cost-of-living crises drive lasting rise in inflation expectations
Anadolu Agency EN·IN·3 days ago
A family in Buenos Aires now needs nearly $2.7 million (presumably Argentine pesos) monthly to be considered middle class, excluding rent. The September figure rose 2.5% month-over-month, exceeding the 1.8% inflation rate, indicating real income requirements are climbing faster than prices. This signals persistent cost-of-living pressures and potential social strain in Argentina.
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