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The price list, updated after a primary election shock led to a sharp devaluation of the peso and interest rate hike on Monday, underscores the scale of Argentina's challenge to avoid inflation, already at 113%, climbing faster. "We kiosko owners don't know if we should increase prices each day, or by how much." The price list offers a window into how these market shocks are passed on to small business owners, and eventually customers. Reuters GraphicsSince March, business owners have received updated price lists from their suppliers twice a month, double the frequency of a year ago, said Acuna. "Prices have gone through the roof, in every way," Leguizamon said, adding that she didn't blame the store owners and small businesses who were just trying to survive.
Persons: Ernesto Acuna, Agustin Marcarian, Acuna, Juan Pablo Spagnolo, Spagnolo, Javier Milei, Maria Leguizamon, Leguizamon, Anna, Catherine Brigida, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Reuters, Wednesday, Owners, Reuters Graphics Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Acuna
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