Argentina's monthly inflation drops to 2.7%, lowest in three years, under Milei's libertarian policies.

Argentina's monthly inflation rate fell to 2.7% in October, the lowest in three years, according to official data. This is seen as a win for President Javier Milei's libertarian government, which took office in December. Despite this drop, the annual inflation rate remains high at 193%. Milei's austerity measures have helped reduce inflation but have also contributed to economic challenges, including a rise in poverty.

November 12, 2024
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