# Argentina resorts to unorthodox tools to fight 40% inflation | Buenos Aires Times

> Argentina's government is again using unconventional tools, including a crawling peg and negotiations with businesses to limit price rises, to fight inflation expected near 40% this year. Prices rose 7.8% in the first two months of 2021, putting the official 29% target in doubt.

- Date: 2021-03-17 · published 2021-03-17T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/48394-argentina-resorts-to-unorthodox-tools-to-fight-40-inflation-buenos-aires-times
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Persistent peso weakness and high inflation in Argentina affect the cost of imported feed inputs and the competitiveness of Argentine soymeal and corn exports, which can shift regional feed prices.

## Read by commodity

- USDARS: bearish ▼

## Sources

- batimes.com.ar: https://www.batimes.com.ar/news/economy/argentina-resorts-to-unorthodox-tools-to-fight-40-inflation.phtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
