09
Feb
Every time we go to a supermarket or local business, such as a greengrocer, butcher or bakery, we vilely see how our money is devalued. Retirees are no exception, of course. In recent years, they suffered a sharp loss of purchasing power. According to a report from the Argentine Institute of Fiscal Analysis, ANSES retirees who earned the minimum received in December 2022 a credit with a loss of 11% compared to 2017. If the comparison is made on an annual basis, the drop in purchasing power in this 5-year period is 19.3% in real termsthe equivalent of 2.3 minimum…