US EditionArgentina’s monthly inflation ticks up as Milei faces backlash over an outdated index
- In January, inflation in Argentina rose to 2.9 percent, marking the fifth consecutive month above two percent, according to INDEC.
- Food prices increased significantly, contributing to a year-over-year rise in consumer prices of 32.4 percent, according to INDEC's data.
- Marco Lavagna resigned as head of the national statistics agency following a disagreement with President Javier Milei over inflation measurement methods.
- The government postponed a new methodology for measuring inflation, leading to debate over pricing accuracy.
54 Articles
54 Articles
Argentina inflation rises for fifth month straight
Argentina’s inflation rate accelerated for a fifth straight month, suggesting President Javier Milei’s campaign to slash soaring prices may be faltering. Milei inherited a monthly inflation rate of more than 25% when he came to power in 2023, but thanks in part to drastic cuts to public subsidies, the rightist leader managed to curb price rises. Still, Argentina’s inflation rate remains among the world’s highest. Milei insists the reason for rec…
Argentina: January inflation hits 2.9% and 12-month rate reaches 32.4%, INDEC says
Argentina’s inflation came in at 2.9% in January, taking the 12-month rate to 32.4%, according to the national statistics agency INDEC. The reading marked an acceleration of 0.1 percentage points from December.
The inflation of January 2026 was 2.9% reported this Tuesday by the National Institute of Statistics and Censuses (INDEC), the highest value since March 2025 and
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