The fiscal and monetary flexibility with which Latin American countries faced the pandemic and post-pandemic meant that many nations that had forgotten entirely what inflation was had to remember it all at once in 2022.
On the other hand, the circumstances only aggravated the dynamics for countries already immersed in this problem.
And how does the movie continue in 2023?
Some countries like Brazil, Mexico, and Uruguay seem to be starting to control the problem.
Others have managed to begin a gradual decline, as in the case of Chile.
There is also the case of Colombia, which has not . . .