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Argentina March Inflation to Slow Again as Consumption Weakens, Analysts Say

Argentina March Inflation to Slow Again as Consumption Weakens, Analysts Say
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Argentina March inflation to slow again as consumption weakens, analysts say

Argentina's monthly inflation rate likely edged down to 12% in March, analysts polled by Reuters estimated, which would mark a third straight month of deceleration for prices and a boost for new libertarian President Javier Milei's economic reform drive. The South American country has the world's highest inflation with the annualized rate running over 275%, which hurts consumer spending power and dampens the economy. Milei has made curbing prices a focus via an austerity package of cuts.

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