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Argentina s 300% inflation spawns ghost border town

Rest of World News: Paraguayan shoppers used to flock to Nanawa, a border town in Paraguay, for cheap imports from Argentina. Prices of contraband have surged due to Arge

Paraguayan Border Towns Hit Hard by Argentina s Economic Turbulence

The border town of Nanawa in Paraguay, once bustling with shoppers seeking cheap Argentine imports, has turned into a ghost town due to soaring inflation and currency devaluation in Argentina. Local shopkeepers report drastic sales drops as prices for goods, including beef and daily necessities, have surged dramatically.

Argentina s 300% inflation and propped-up peso spawn Paraguay border ghost town

Paraguayan shoppers used to flock in their droves to the border town of Nanawa to buy cheap imports from Argentina, where the weak peso currency for years kept relative prices low for fuel, medicine. -May 27, 2024 at 07:00 am EDT - MarketScreener

Argentina s 300% Inflation and Propped-Up Peso Spawn Paraguay Border Ghost Town

Argentina s 300% Inflation and Propped-Up Peso Spawn Paraguay Border Ghost Town
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Argentina s inflation, propped-up peso hit Paraguay border town

STORY: Shoppers are no longer flocking to buy cheap imports from this once-bustling town on Paraguay s border with Argentina. For years, the weak peso kept prices low for. -May 27, 2024 at 03:55 pm EDT - MarketScreener

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