- On another disastrous day, yesterday (Aug. 16), the dollar touched 800 pesos on the black market. Shops and companies no longer have any reference when setting prices. Many closes, others sell in dollars
By Paolo Manzo
The Argentine economic situation is dramatic.
With the dollar on the black market out of control, companies no longer have any reference when setting prices.
It is no longer a matter of inflating but of directly removing the products from the shelves or closing the shutters until further notice.
This, which used to happen only with sophisticated imported products, now happens with the meat in the butcher shop that they sell in dollars.
paolomanzo.substack.com 08 17 2023
