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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 ...
The following table is a list of countries by number of public holidays excluding non-regular special holidays. Nepal and India have the highest number of public holidays in the world with 35 annually. Also, Nepal has 6 day working schedule in a week.
It is also equal, as of late June 2024, to four quadrillion 1914-era pesos with the U.S. dollar as reference – an average annual depreciation relative to the dollar of 28% (i.e. an annual increase of the value of the dollar of 39%). [citation needed] Inflation in Argentina
The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
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.
The 12-month rate through February, however, rose to 276.2%, below a poll forecast of 282.1%, but cementing Argentina's position as having the world's worst inflation, which is hammering people's ...
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 ...