Today, you’re encouraged to sample one of Argentina’s most popular confections (as though you needed the excuse)

The figure is the highest since the first semester of 2021

Monthly inflation hit 12.4% following a post-primaries devaluation

Analysts say the the devaluation of the Peso after the primaries is primarily responsible for the increase in prices

The numbers come following the INDEC reporting 6.3% inflation for the same month

The destitution threshold in June was AR$104,227 for a family of four

It is the first interannual decrease registered this year. Consulting firms predict the country’s GDP will drop 3% in 2023

A family of four needs AR$94,148 to not be considered destitute

Economy Minister Sergio Massa will announce new measures over the weekend, sources say