Inflation in Argentina hits 30-year high - Bloomberg
Consumer prices in Argentina rose in June at the fastest pace in more than three decades. The deterioration was expected after the resignation of the economy minister this month. Prices rose 5.3% in June compared to May, slightly less than analysts' forecast of 5.4%.
On an annualized basis, inflation is 64%. The CPI situation in Latin America is very similar to Turkey, where inflation is around 80%.