The economy is heading to its fifth straight year of growth, helped by a strong currency devaluation following the economic crisis in 2002. The impact of the currency correction has strengthened industries, making local goods cheaper in international markets. A drop in unemployment levels to a 15- year low has helped boost consumer's purchasing power, increasing demand for goods.
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The current inflation rate exceeds 400,000 percent annually. The volatile inflation that has ravaged purchasing power and shut down hundreds of businesses was apparently sparked by a rush to convert assets to dollars before the presidential elections in May.
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Bert
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The current inflation rate exceeds 400,000 percent annually. The volatile inflation that has ravaged purchasing power and shut down hundreds of businesses was apparently sparked by a rush to convert assets to dollars before the presidential elections in May.
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Bert
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