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 Debt Service Costs Threaten Sustainable Development in Developing Countries READ MORE African Nations Turn to Precious Metal to Combat Inflation READ MORE Potential 2025 Recession Could Plunge Stock Market by 30%, Experts Warn READ MORE Crude Oil Rally Continues: Third Weekly Gain as Middle East Tensions Escalate READ MORE Stress Tests Reveal Hundreds of U.S. Banks at Risk Due to Loans and Rate Hikes READ MORE Add a Comment Cancel replyYour email address will not be published.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