Argentina's Inflation Eases in Milei's Debut Month Amid Economic Overhaul In President Javier Milei’s first full month in office, Argentina saw a monthly slowdown in consumer price inflation to 20.6%, slightly below the anticipated 21%. Annually, inflation surged to 254.2%, marking the highest rate since the early 1990s post-hyperinflation period. Milei’s economic measures, including a 54% devaluation of the peso and lifting price freezes, contributed to this trend. Despite these efforts, challenges remain, with expected continued annual price increases due to subsidy cuts and tax hikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Futures Fall as Easing Geopolitical Strains Diminish Safe-Haven Appeal READ MORE Former Treasury Secretary Calls for Scrapping 20-Year Bond READ MORE Gold Soars to All-Time High as Dollar Weakens and Rate Cut Hopes Grow READ MORE Gold Holds Above $2,400, Eyes Third Consecutive Weekly Gain READ MORE Gold Standard Could Be the Key to Ending Price Volatility, Fed Study Suggests READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment