Get access to our best features
Get access to our best features
Published 19 days ago

Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home

  • Augustin Perez, a supermarket worker in Buenos Aires, expressed distress over a 90% rent increase and tripling electricity bill due to Milei's real estate market deregulation and subsidy cuts.
  • Argentina's April inflation rate dropped to 8.8%, the lowest in six months, supporting President Javier Milei's austerity program amidst high inflation.
  • Milei's measures were lauded by the IMF and market observers but caused a 289.4% annual inflation, burdening families as prices soared while incomes declined.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 42% of the sources lean Left
40% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)