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Argentina's annual inflation rate fell to 117.8 percent in 2024, marking a significant drop of 93.6 points compared to the record 211.4 percent inflation rate of 2023. The sharp decline signals a ...
Argentina's inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei who came to power almost a year ago promising to ...
Argentina's consumer price index rose 4.6% in June, slightly up from the rate of 4.2% in May, ending a five-month trend of cooling inflation that experts had attributed to a deepening recession brought about by Milei's harsh austerity. The International Monetary Fund predicts a 2.8% contraction this year.
Argentina's statistics agency on Tuesday reported October's number. In September, inflation was 3.5%. On an annual basis, inflation in October was 193% compared to 209% reported in September. Milei has trumpeted falling prices in recent months as a victory in his fight against Argentina’s worst economic crisis in over two decades.
Argentina's annual inflation rate reached 287% in March, among the highest in the world. ... May 8, 2024 at 11:36 AM. BUENOS AIRES, Argentina (AP) — Prices in Argentina have surged so ...
June 13, 2024 at 4:06 AM. ... Argentina's monthly inflation rate in May was likely the lowest since 2022 amid a tough austerity drive by libertarian President Javier Milei, but with annual ...
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]