Economics

Beef Only for Argentines, Government Says After Halting Exports

Ban is latest unorthodox move by President Alberto Fernandez
Measure comes after annual inflation surpassed 46% in April

Argentina Seeks To Expand Beef-Price Caps As Consumption Sinks — Photographer: Erica Canepa/Bloomberg

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By Silvia Martinez and Jorgelina Do Rosario

May 18, 2021 at 1:02 AM UTC

Updated on

May 18, 2021 at 1:44 PM UTC

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Argentina is limiting shipments of beef, a staple in the world’s fifth-biggest exporter, the latest unorthodox move by the government to try to contain runaway inflation that’s approaching 50% annually.