Inflation & Prices
Argentina Inflation Slows to 2021 Levels in Win For Milei
- Consumer prices rose 3.5% in September, 209% from year earlier
- Milei reduced the main import tax and narrowed FX gap
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Argentina’s monthly inflation reached the lowest level since late 2021, scoring a significant win for President Javier Milei as he makes lowering price spirals the centerpiece of his administration.
Consumer prices rose 3.5% in September from August, below the 3.6% median forecast of economists surveyed by Bloomberg. Annual inflation slowed to 209%, according to government data published Thursday. Inflation had hovered around 4% since May.