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Argentina's annual inflation has fallen from 211% in December 2023 [135] to 193% in October 2024. [136] Monthly inflation slowed in February 2024 for a second consecutive month as Milei continued to push austerity and deregulation measures to revive the country's struggling economy. Argentina's monthly inflation slowed to 13.2% in February ...
Argentina's 2023 annual inflation was the highest in the world at 211.4%. [42] In January 2024, Argentina’s poverty rate reached 57.4%, the highest poverty rate in the country since 2004. [43] Because of Milei's policies, the monthly inflation rate dropped to 2.4% in December 2024, marking an end to Argentina's period of hyperinflation. [44]
Since the late 2010s, prolonged inflation remained a constant problem of economy of Argentina, with an annual rate of 25% in 2017, second only to Venezuela in South America and the highest in the G20. On December 28, the Central Bank of Argentina together with the Treasury announced a change of the inflation target. [11]
Prices in Argentina are climbing, despite positive signs of a deceleration, with the embattled South American country's annual inflation rate set to edge closer to 300% when the government reveals ...
According to figures released Tuesday by the government’s INDEC statistics agency, Argentina's monthly inflation slowed down to 13.2% in February, compared to 20.6% in January and 25.5% in December.
Argentina's monthly inflation falls to 4.2%, the lowest in two years, even as annual inflation remains near 300% 06/13/2024 19:15 -0400 BUENOS AIRES, Argentina (AP) — Argentina's monthly inflation falls to 4.2%, the lowest in two years, even as annual inflation remains near 300%.
The country’s monthly inflation stood at 25.5% in December, up from 12.8% in Novem. Argentina's annual inflation soared to 211.4% in 2023, the highest rate in 32 years, according to figures ...
The real started gaining in value more than the peso due to Brazil's slower build-up of dollar reserves; by 29 December 2009, a real was worth almost 2.2 pesos. [11] In December 2015, US dollar exchange restrictions were removed in Argentina following the election of President Mauricio Macri.