Buenos Aires — Argentina's President Mauricio Macri announced a freeze in the price of basic goods and public services on Wednesday in a bid to limit the impact of spiralling inflation that could hamper his re-election hopes in October. Hit by soaring prices due to inflation that reached almost 55% over the past 12 months, many Argentines have been calling for a change in economic policy. "It's a difficult time for Argentine families. March and April have abnormally high levels of inflation due to the unstable exchange rate," said finance minister Nicolas Dujovne. "We're convinced we're going to win the battle against inflation," he said. The government has committed to not increasing the price of public services such as transport, gas and electricity for the rest of the year. Added to that, it has agreed with businesses to a freeze on the prices of 60 basic products, including meat, for at least six months. The country's 18-million pensioners and people receiving state subsidies wi...

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