Argentine supermarkets freeze prices after IMF censure | Bangkok Post: news

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Argentine supermarkets freeze prices after IMF censure

Supermarket chains in Argentina agreed to freeze their prices for 60 days in an attempt to rein in inflation, officials said.

A branch of Carrefour is shown in 2009 at Paseo Alcorta shopping mall in Buenos Aires, Argentina. Supermarket chains in Argentina agreed to freeze their prices for 60 days in an attempt to rein in inflation, officials said.

The move comes after the International Monetary Fund censured Argentina on Friday for failing to supply accurate economic data to measure inflation.

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