LatinNews Daily - 26 October 2021

In brief: AmCham criticises Argentina’s price freeze

* The US Chamber of Commerce in Argentina (AmCham) has expressed concern at the decision by President Alberto Fernández’s government to impose a 90-day price freeze on 1,432 products, retroactive to 1 October. Criticising the “artificial measures to control rising inflation,” AmCham urged the government to increase its dialogue with the private sector to find alternative measures to control rising prices. AmCham warned that the price freeze is a “time bomb” that would “only depress prices for a while before they return to their natural levels. This freezing will generate a greater increase in prices when the measure comes to an end.”

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