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

  • Argentina's inflation rate dropped to 2.7% in October, the lowest level in three years, as reported by Argentina's statistics agency.
  • The government aims to reduce inflation below 3% before the end of the year and achieved this goal.
  • President Javier Milei has described falling prices as a victory in addressing Argentina's worst economic crisis in over two decades.
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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)

·Italy
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Lean Right

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…

·Mexico
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  • 35% of the sources lean Left, 35% of the sources are Center
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U.S. News broke the news in New York, United States on Tuesday, November 12, 2024.
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