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 Venezuela's Gold Reserves Plunge Over 11% Amid Economic Challenges READ MORE Gold Keeps Hitting Records and ‘Not Everything Adds Up.’ What’s Moving Prices READ MORE Goldman Says Commodities to Gain as Central Banks Cut Rates READ MORE The Great American Housing Squeeze: Construction Costs Out of Reach for Most READ MORE Janet Yellen warns inflation decline might not be ‘smooth’ READ MORE Add a Comment Cancel replyYour email address will not be published.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
