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Argentina’s monthly inflation ticks up as Milei faces backlash over an outdated index
- Argentina's inflation rate rose to 2.9% in January, with a 12-month rate of 32.4%, according to the national statistics agency INDEC.
- The government postponed a planned overhaul of the Consumer Price Index methodology, leading to controversy after the resignation of INDEC chief Marco Lavagna.
- Economy Minister Luis Caputo stated that the change needed to occur after the disinflation process was finished, amid public skepticism.
- Experts believe that the outdated index used to measure inflation does not reflect current expenses, causing a loss of credibility for the government.
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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.
·Caracas, Venezuela, Bolivarian Republic of
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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
Following the controversy over the suspension of the new CPI calculation formula, the Indec reported an acceleration compared to December 0.1 percentage points.
·Buenos Aires, Argentina
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Total News Sources49
Leaning Left5Leaning Right2Center4Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 36%
R 18%
Factuality
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