Argentine voters shrug shoulders at chronic inflation

Spiralling prices have come to be seen as normal in Latin America's third-largest economy, where annual inflation has stood above 20 percent for the past eight yearsArgentina’s next president will inherit an economy dogged by chronic inflation, but voters have grown so used to it they hardly seem to care. “Sure, living with inflation is a problem and it always will be — otherwise this wouldn’t be Argentina,” joked Mercedes Salto, 58, who plans to cast her ballot on October 25 for Daniel Scioli, the candidate of the left-wing coalition that has governed Argentina since 2003. In 1975, the inflation rate hit 100 percent a day, and in 1989 the annual rate reached 1,923 percent, sparking riots that forced president Raul Alfonsin to resign.

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