By Nicolás Misculin and Carlos Barria BUENOS AIRES/BARILOCHE (Reuters) - A spate of looting of stores and supermarkets around Argentina has led to ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Nicolás Misculin and Carlos Barria
Over 100 people have been detained in different regions, officials have said. Videos and photos show stores broken into and ransacked, emptied shelves, people trying to force their way into supermarkets, and some small fires. Police have been mobilized to guard stores. Argentina, a major global grains exporter, is grappling with annual inflation at 113%, which is stoking a cost-of-living crisis. A recent sharp devaluation of the peso currency has pushed up consumer prices further this month. J.P. Morgan is forecasting inflation to end the year at 190%.
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