News of inflation

Milei administration introduces 20,000-peso bill to Argentina

13-11-2024 00:38 A dinner in an average restaurant costs around 20,000 pesos and it can now be paid with this banknote bearing the image of liberal politician and writer Juan Bautista Alberdi.

Argentina in ‘transition’ to growth, says top World Bank official

12-11-2024 22:21 Top World Bank official William Mahoney praises advances by President Javier Milei's government and says Argentina is "in transition" towards the recovery of growth.

Global public debt to hit US$100 trillion by end of 2024, IMF says

16-10-2024 06:53 Global public debt risks of rising to US$100 trillion by the end of 2024, warns International Monetary Fund.

Argentina inflation slows to lowest under Milei

10-10-2024 16:36 Monthly inflation reached the lowest level since late 2021 in September – a significant win for President Javier Milei.

Milei lays out clearer currency path as his popularity begins to dip

24-09-2024 11:05 In his Wall Street debut, Javier Milei tells investors at the New York Stock Exchange that currency restrictions will be lifted “when the rate of inflation in the macroeconomic programme is zero.”

Milei projects inflation plunging to 18% by end-2025

16-09-2024 00:05 President Javier Milei estimates annual inflation will slow to 104.4% by the end of this year and 18.3% by December 2025, according to his first budget proposal.

Inflation rises slightly to monthly 4.2%, dashing government hopes

11-09-2024 16:43 Prices have increased 94.8% in Argentina since the turn of the year, according to official data; Consumer price hikes at monthly 4.2% – slight rise on the preceding month and above government forecast of 4%.

Milei lowers key import tariff to cool inflation

28-08-2024 10:35 Economy Minister Luis Caputo announces government will lower levy known as 'PAIS tax' from 17.5% to 7.5%.

Milei again rules out devaluation of peso in Council of Americas speech

14-08-2024 18:20 President Javier Milei defends his government and rules out devaluation of the peso in speech at a Council of the Americas forum.

Inflation slowed to 4% in July, lowest monthly rate of Milei era

14-08-2024 17:02 Latest figure from INDEC national statistics bureau indicates consumer prices are continuing to slow, but annual rate remains at staggering 263.4%.

Milei says he would slow crawling peg if inflation cools further

01-07-2024 12:10 President Javier Milei says peso could weaken at a slower pace if inflation cools to a certain level.

Argentines pawn the family jewels to make ends meet

17-06-2024 14:15 Hundreds of Argentines are selling their jewellery at gold dealerships every day as a last resort to face the economic crisis.

Posse predicts 139% inflation as he finally turns up in Congress

16-05-2024 00:53 Eight-hour debut for Cabinet chief in Congress as he forecasts 139.7% percent annual inflation, a dollar at 1,016 pesos by year-end and defends paralysis of public works projects.

Central Bank cuts interest rate for sixth time to 40% as inflation slows

14-05-2024 20:32 Argentina cut its benchmark interest rate Tuesday for a sixth time under President Javier Milei.

City monthly inflation rate drops to single digit in boost for government

08-05-2024 21:36 Inflation in Buenos Aires City was 9.8% in April for an annual rate of 292.5%; Boost for government ahead of next week’s national INDEC figure.

Central Bank cuts rates to 50% as Milei wrestles inflation down

02-05-2024 14:04 Central Bank cuts key interest rate for the third time in three weeks as officials bet on a sustained slowdown in consumer prices.

Government dreams of a single digit as inflation begins to slow

18-04-2024 15:29 Price hikes slowed in the first half of April, according to analysts, with officials in President Javier Milei's government daring to dream of a single-digit inflation rate for the month.

by Martín Fernández Nadale

IMF improves inflation projection: 150% this year, but 45% in 2025

16-04-2024 15:44 Latest 'World Economic Outlook' report predicts Argentina’s GDP will contract by 2.8% this. Milei’s "shock plan" will impact economy, arriving hand-in-hand with recession, says Fund.

Central Bank cuts interest rate to 70%, markets see inflation easing

12-04-2024 10:22 Argentina’s Central Bank cuts main interest rate to 70% from 80% – the third time since President Javier Milei took office.

Inflation in Buenos Aires City 13.2% in March

09-04-2024 16:45 Slight slowdown from previous month; Impact of services sector, specifically, energy transport and private school fees and health service costs, hits pockets of porteños.