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02:51

Inflation in Argentina is picking up pace, challenging President Javier Milei’s promise to rein in the country’s long-running price crisis. Consumer prices rose for a fifth consecutive month in January.

The surge is also fueling scrutiny over the government’s decision to delay implementing a new formula for calculating the official inflation rate.

CGTN's Joel Richards reports.

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Argentina’s inflation climbs as questions rise over Milei’s policies