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In November 2024, Argentina's monthly inflation rate slowed to 2.4%, the lowest in over four years. Annual inflation was expected to end 2024 closer to 100%. [197] Favourable results and normalization in Argentina’s economy are expected to continue in 2025. The annual inflation rate, which was 211% in 2023, is expected to be below 30% in 2025.
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 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 ...
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 ...
Argentina's annual inflation could hit 100.3% this year, according to an analysts survey published by the country's central bank on Thursday, jumping 5.3 percentage points from the previous estimate.
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 government has promised to reduce inflation below 3% before the end of the year, something it finally did.
Prices and the official record continued to part ways since former Commerce Secretary Guillermo Moreno's decision to intervene in the statistics institute in 2007. Private-sector economists and statistical offices of provincial governments show inflation two to three times higher than INDEC's number (which only covers Greater Buenos Aires ...