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Story summary
- President José Antonio Kast ordered a draft labor emergency plan amid rising living costs.
- A completo now costs 3,500-4,000 pesos, up from 2,500 pesos ($3.60-$4.10).
- Unemployment rose to 9.5%, the highest in five years as the economy entered recession.
- Annual inflation accelerated to 4.1% over 12 months, driven by food and transport costs.
- Central Bank President Rosanna Costa cut the 2026 growth forecast to 0.25%-0.75%.