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Household Debt Tripled in One Year in Northeast Argentina - La Voz Del Chaco Newspaper
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A report prepared by the consulting firm Ieral Regional NEA, part of the Fundación Mediterránea, revealed a sharp deterioration in credit delinquency rates in northeastern Argentina over the past year, in a context marked by high interest rates, a loss of purchasing power of wages, and a growing dependence on financing to sustain household consumption. The study showed that delinquency with banking institutions rose from 3.2% to 9.6% between Dec…
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