Argentina's Inflation Eases in Milei's Debut Month Amid Economic Overhaul In President Javier Milei’s first full month in office, Argentina saw a monthly slowdown in consumer price inflation to 20.6%, slightly below the anticipated 21%. Annually, inflation surged to 254.2%, marking the highest rate since the early 1990s post-hyperinflation period. Milei’s economic measures, including a 54% devaluation of the peso and lifting price freezes, contributed to this trend. Despite these efforts, challenges remain, with expected continued annual price increases due to subsidy cuts and tax hikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts BRICS: Scotiabank Says US Dollar To Fall in 2024 READ MORE Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s READ MORE Silver to see second-highest deficit in 20 years, as record industrial demand rises 9% in 2024 – Silver Institute’s World Silver Survey READ MORE Asia Gold Sky high prices take shine off Indian gold buying festival READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
