Argentina inflation is down from 211% to 33.8% a year and poverty fell to 28.2%, but monthly prices tick up and formal wages trail November 2023.
ARGENTINA · ECONOMY
Key Facts
—What happened: Argentina inflation stands at 33.8% a year, down from 211% when Javier Milei took office.
—The stall: Monthly inflation ticked back up to 2.1% in July, far from the “zero-comma” readings promised for 2026.
—The good news: Poverty fell to 28.2% in late 2025, the lowest reading since 2018, from a 52.9% peak in 2024.
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INDEC put July inflation at 2.1%, up from 1.9% in June, with 33.8% year-on-year. Wholesale prices tell a calmer story at 0.8%.
