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Argentina inflation, world's highest, slows down in boost for Milei

BUENOS AIRES (Reuters) -Argentina's monthly inflation rate slowed down more than expected to come in at 13.2% in February, a boost for libertarian President Javier Milei who is pushing tough austerity to try to tame the world's fastest-rising prices. The still sky-high monthly rate, published on Tuesday, marks a deceleration from January, when prices rose 20.6%, and December, when they were up 25.5%. Analysts polled by Reuters had expected February's inflation rate to land at arou...
Buenos Aires Distrito Federal Sandra Boluch Kylie Madry Aida Pelaez Fernandez Jorge Otaola
Source: aol.com

Argentina inflation surges past 200% as economic crisis bites

BUENOS AIRES (Reuters) -Argentina's annual inflation rate sped past 211% in December, official data showed on Thursday, hitting the highest level since the early 1990s as new libertarian President Javier Milei seeks to head off hyperinflation with tough austerity measures. Argentina's monthly inflation rate also hit 25.5% in the month, slightly below forecasts, after a sharp devaluation of the peso currency last month after Milei's government took office on Dec. 10, pledging to g...
United States Buenos Aires Distrito Federal Chizu Nomiyama Lucila Sigal Rosalba Obrien
Source: yahoo.com

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Argentina annual inflation tops 211%, highest since early 90s

Argentina's annual inflation rate ended 2023 at 211.4%, the highest since the early 1990s, official data showed on Thursday, propeling the embattled South American country's year rise in prices above Venezuela for the first time in decades. Argentina's monthly inflation also hit 25.5% in December, below forecasts, after a sharp devaluation of the local peso by the new government of libertarian President Javier Milei, who came into office last month pledging to fix the economic cr...
Mexico City Distrito Federal Buenos Aires United States Kylie Madry Javier Milei
Source: yahoo.com

Argentina inflation tops 160% spotlighting challenge for Milei

Argentina's annual inflation rate hit 161% in November, faster than expected and the highest monthly figure this year, laying bare the daunting challenges new President Javier Milei faces in navigating the country's turbulent economic waters. The data is the first inflation readout since Milei took office last Sunday, promising to right Argentina's flailing economy, including sky-high consumer prices that have sapped residents' purchasing power and fueled rising poverty. In...
Buenos Aires Distrito Federal United States Eduardo Casado Javier Milei David Alire Garcia
Source: yahoo.com

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