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 SEC Chair Gensler Advocates for Accelerated Settlement in Currency Markets READ MORE Gold pulls back, traders hunker down for more cues on interest rates READ MORE Americans are going into debt to buy groceries. Here’s why those balances can be difficult to pay down READ MORE Are US interest rates high enough to beat inflation? The Fed will take its time to find out READ MORE Add a Comment Cancel replyYour email address will not be published.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
