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Once again, Argentina's World Cup falls during a period of high inflation

According to Bloomberg, yearly inflation in Argentina is anticipated to exceed 99% this month and economists anticipate it to approach three figures soon as the team gets ready for Sunday's World Cup final.

Once again, Argentina's World Cup falls during a period of high inflation

Inflation in 1986, the year Diego Maradona led the Albiceleste to victory, averaged 116%. Data and surveys from the central bank show that the rate was 176% in 1978, the year that Argentina won the game it hosted.

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Lionel Messi, who was born in 1987, a year after Argentina won the World Cup, and is viewed by the supporters as Maradona's successor, will play in his final World Cup match against France. A nation once again experiencing tough economic times has been pleased by the team's run to the final match, which was motivated by their talisman and involved them avoiding early elimination and posting five straight victories.

This country's consistent economic strength, nevertheless, does not necessarily predict its success at the World Cup. The team saw a hyperinflation of about 2,000% during the 1990 championship game. The official rate was only 22% when it lost the 2014 final, although there was speculation that the government had falsified the numbers.

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