Argentina’s rate hike: prepaid medical bills increased by 7.6%, transport by 40%, and gas bills by up to 50%

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Starting this month, updates on transportation, private medical services, schools, and regulated utility rates take place.

Private forecasts suggest prices will rise by at least 20% in the first quarter.

The Government is in a tumultuous race against the clock to update the nominal level of regulated prices while inflation is increasingly higher and exceeds expectations.

As of March, a series of increases set by adjustment clauses from the Government and the Ministry of Economy will come into effect.

The official projection of 60% year-on-year inflation for December will not be met, nor is there any expectation that . . .

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