Argentina's inflation slows to lowest level since September as Milei's austerity bet shows signs of life

Argentina Inflation Cools Again, Easing the Pressure on Milei

Monthly inflation fell to 2.1%, annual rate 33% vs 200% two years ago—Milei's stabilization plan works. Currency stability improves Argentina-risk for foreign investors and tech outsourcing; wage losses and jobless growth, however, mean household purchasing power trails the inflation gains.