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This is the best summary I could come up with:
BUENOS AIRES, Nov 13 (Reuters) - Analysts polled by Argentina’s central bank raised their estimate for annual inflation for this year (ARCPIN=ECI) to 185.0%, the bank said on Monday, up from last month’s estimate of 180.7%.
The Market Expectations Survey (REM), conducted between Oct. 27 to 31 among 38 participants from consulting firms, financial entities and local and international research centers, estimated monthly inflation will reach 11.5% in November.
Annualized inflation hit 142.7% in October, the country’s statistics office said on Monday, with the monthly rise landing at 8.3%, although that was down from peaks in August and September and below analyst forecasts.
The original article contains 103 words, the summary contains 103 words. Saved 0%. I’m a bot and I’m open source!
Maybe the articles blocked for me, just had a few paragraphs visible. Does anyone know why this is and what it’s likely outcome is?
That’s just modern journalism. They know most people only read the headlines so they stopped bothering to actually write an article to go with the headline.
The article genuinely is 3 sentences with line breaks so it looks like 3 paragraphs.
Edit: They did write an actual article on the subject here. https://www.reuters.com/business/retail-consumer/cant-buy-new-jeans-argentinas-100-inflation-draws-crowds-used-clothes-markets-2023-11-13/
I guess they needed to publish a decoy article on the same day for accounting purposes or something.
Reuters is a news agency/wire service so it makes sense that their news is shorter since their job is primarily to report on stuff very quickly and sell the information to newspapers (and others) so they can make a full article on it.
This is why it’s incredibly common to read something like “according to Reuters…” in articles.
Other big new agencies are AP and AFP.
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They should dollarize or euroize. It’s too late to say “but we will lose control of our own currency”.
