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 What's Next for Gold After 2023's Record Total Demand? READ MORE Gold Prices Waver as Markets Await Inflation and Fed Signals READ MORE Inflation Is Down but Don't Thank the Fed READ MORE Gold hits fresh record as rate cut hopes build after data shows inflation ease READ MORE U.S. Treasury to Boost Long-Term Debt Sales READ MORE Add a Comment Cancel replyYour email address will not be published.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
