Inflation & Prices
Argentina Inflation Unexpectedly Cools in Another Milei Win
- Consumer prices rose 2.4% in November, 166% from year earlier
- Argentina closer to slowing crawling peg to 1%, Caputo says
Argentina’s annual inflation slowed to 166%.
Photographer: Anita Pouchard Serra/BloombergThis article is for subscribers only.
Argentina’s monthly inflation slowed to the lowest level since July 2020, handing President Javier Milei another victory on voters’ biggest concern a year after taking office.
Consumer prices rose 2.4% in November, compared with the 2.8% median forecast of economists surveyed by Bloomberg. Annual inflation slowed to 166%, according to government data published Wednesday.