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Timeline; Years in Argentina; Argentina portal: ... In 2023, the rate of inflation in Argentina surpassed 100% for the first time since the early 1990s. [190]
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]
The inflation rate in Argentina rose to 52.3 percent in February 2022 from 50.7 percent in the prior month, the steepest increase since September. [198] In August the interest rate was hiked to 69.5% as inflation further deteriorated hitting a 20-year high at 70% driven by many factors among them the 2021–2022 inflation surge and forecasted ...
Inflation: a priority. Inflation, Argentina's perpetual scourge and Milei's top priority upon coming to office, slowed from a monthly rate of 25.5% in December 2023 to just 2.7% in October — its ...
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 ...
Here are some of the key events in Argentina's very bad year. Jan. 23: Argentina posts $8.5 billion trade deficit for 2017, compared with a surplus the year before. TIMELINE-Argentina's economy ...
On November 19, 2023, Javier Milei succeeded in defeating Sergio Massa to win the presidency of Argentina. Upon receiving news of his victory, Milei promised drastic changes to the nations economic policy. [18] In part because of the Covid-19 pandemic, the Argentina economy had inflation of over 140% in the year prior to the election.
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 ...