Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years

Argentina's monthly inflation drops to 2.7%, lowest level in 3 years

BUENOS AIRES, Argentina — Argentina’s inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei who came to power almost a year ago promising to pull Argentina out of a dire economic crisis. Argentina’s statistics agency on Tuesday reported October’s number. In

Argentina’s Monthly Inflation Slows to 2.7%, Lowest Level in Three Years - Another Win for Libertarian President Javier Milei

For us, conservatives, there’s no surprise in the fact that governments that are fiscally responsible and are rooted in the good, tried and tested practices of capitalism will succeed. But many in the world are still surprised by the many victories by libertarian Argentine President Javier Milei. It now arises that Argentina’s inflation slowed to 2.7% in the month of October, slowing down from 3,5% in September. That’s the lowest level in three …

October inflation in Argentina fell to 2.7% from 3.5% recorded in September. This is the lowest monthly level since November 2021, when it was 2.5%. (BEND)

Argentina's inflation slowed to 2.7 percent in October, the lowest level in three years, in a victory for the libertarian government of President Javier Milei, who came to power almost a year ago promising to get Argentina out of a terrible economic crisis.On Tuesday, the Argentine Institute of Statistics released the figure corresponding to October.Inflation was 3.5 percent in September.Inflation in October was 193 percent in annual terms, comp…

Argentine consumers feel squeezed even as inflation dips below 200%

Argentine inflation has dipped to 193%, landing below the 200% threshold for the first time in close to a year, data from statistics agency INDEC showed on Tuesday, as President Javier Milei's dramatic austerity agenda bears fruit.

Argentina's Inflation Rate Drops to 2.7% in October, Marking Lowest Level in Three Years

Argentina’s inflation rate showed signs of moderation in October, registering at 2.7%. This figure marks a decline from the previous month’s rate of 3.5% and represents the lowest monthly inflation since November 2021. However, the annual inflation rate remains staggering at 193%, reflecting ongoing economic challenges. Throughout the first ten months of the year, prices […]