Argentina's statistics agency on Tuesday reported October's
number. In September, inflation was 3.5%.
On an annual basis, inflation in October was 193% compared to
209% reported in September.
Milei has trumpeted falling prices in recent months as a victory
in his fight against Argentina’s worst economic crisis in over
two decades.
The government has promised to reduce inflation below 3% before
the end of the year, something it finally did.
When he took office in December, monthly inflation surged to
25%, and despite it having gone down since, ordinary people
struggle in their daily lives as the government imposed a
radical economic overhaul, including the elimination of previous
generous energy
All contents © copyright 2024 Associated Press. All rights reserved
|
|