Thousands of workers and the unemployed crowded the center of Buenos Aires on Wednesday to demand an increase in salaries and subsidies for unemployment and poverty, seeking to deal with the high inflation that punishes the purchasing power of Argentines.
The demonstrations by unions and unemployed groups took place in the midst of a prolonged financial crisis and after inflation reached 7.4% in July, the highest monthly value in 20 years. Analysts consulted by the central bank expect inflation to exceed 90% per year by 2022.
The protesters want Peronist President Alberto Fernández to support broad salary increases, in line with inflation, and increase social subsidies.
“We cannot continue with this level of inflation where every day we continue to lose part of our salary,” said the general secretary of the General Confederation of Labor (CGT), also a Peronist Pablo Moyano, who asked the president to control the price hikes.
The center of the Argentine capital became practically impassable due to the protests, which were concentrated in front of the Casa Rosada and the National Congress after going through the main avenues of the city with flags of unions and left-wing organizations, to the rhythm of drums. .
“There is no work, wages are not enough, there is a permanent price increase,” the secretary general of the Paper Federation, Ramón Luque, explained to Reuters, detailing that “one of the main basic problems is the hyperinflation that we have been going through for some time around here.”
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