Argentina’s annual inflation rate rose to 124.4%, according to figures released by the government’s INDEC statistics agency Wednesday. “It’s the number that summarizes the tragedy left by Massa,” Patricia Bullrich, the presidential candidate for the main opposition coalition, wrote on social media after the inflation number was released. Political Cartoons View All 1157 ImagesRecent polls show Milei leading ahead of general elections on Oct. 22 with Massa in second place and Bullrich third. The high inflation rate is in large part a product of the government's devaluation of the local currency, the peso, by nearly 20% following the Aug. 13 primaries. Ponti said the sharp rise in prices had to do with a confluence of factors including the way that beef prices had largely remained frozen for months despite the inflationary economy.

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Persons: Donald Trump, Sergio Massa, Javier Milei, “, ” Patricia Bullrich, Massa, ”, Martín Kalos, That’s, Diego Ponti, Ponti, Suchowieski, Milei, Juan Pedro Aquino, “ Massa, ” Kalos, Natacha Pisarenko Organizations: —, Massa, Epyca, ”, AZGroup, Milei, U.S Locations: BUENOS AIRES, Argentina, La Plata, Buenos Aires