Argentina’s inflation edges up in June, breaking monthslong streak in blow to President Milei
- Argentina's inflation rate increased to 4.6% in June, breaking a five-month trend of decline attributed to President Milei's austerity measures.
- Despite forecasts, inflation remained below expectations at 4.6% in June, with an annual rate at 271.5% reported by the government.
- Utilities experienced the largest price hikes in June, coinciding with Milei's reduction of subsidies that have kept electricity costs artificially low for years.
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30 Articles
Argentina's inflation index reaches 4.6% in June, accumulating 271.5% over the past 12 months, according to the National Institute of Statistics and Censuses (Indec). This figure ends a five-month streak of slowing inflation. Inflation accelerates in June In May, the Consumer Price Index (CPI), calculated by Indec, recorded a fifth consecutive monthly decrease, standing at 4.2% compared to April, when it was 8.8%. During the first half of the ye…
Argentina recorded the first monthly increase in inflation of the year, marking a slight decline after the slowdown that President Javier Milei began with his aggressive “shock therapy.” Consumer prices rose 4.6 percent in June compared to May, below the median of the projections of economists surveyed by Bloomberg of 5.1 percent. Annual inflation slowed slightly to 271.5 percent, according to government data released this Friday. The increases …
Argentina's inflation edges up in June, breaking a months-long streak in a blow to President Milei - The Morning Sun
A closely watched measure of inflation in Argentina remained stronger than the libertarian government of President Javier Milei would have hoped. On Friday, the country's official statistics agency …
Argentina's inflation edges up in June, breaking a months-long streak in a blow to President Milei
Associated Press BUENOS AIRES, Argentina (AP) — A closely watched measure of inflation in Argentina remained stronger than the libertarian government of President Javier Milei would have hoped. On Friday, the country’s official statistics agency reported a rise in June prices that broke a months-long streak of declines. Argentina’s consumer price index rose 4.6% in June, slightly up from the rate of 4.2% in May. That ends a five-month trend of c…
June inflation was 4.6% despite tariff increases. President Javier Milei celebrates the figure in a context of tariff increases and criticizes those who predicted an increase between 5.5% and 6.5%. 'They were wrong again', the leader attacked. 'And in the end, it started at 4... The June inflation was 4.6% despite tariff increases. They thought analysts predicted between 5.5% and 6.5%... Well... once again they were wrong... Long live freedom Da…
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Argentina's inflation edges up in June, breaking a months-long streak in a blow to President Milei
A closely watched measure of inflation in Argentina remained stronger than the libertarian government of President Javier Milei would have hoped.
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