Inflation & Prices
Argentina Inflation Slows to Lowest Level Since 2022 Under Milei
- Consumer prices rose 4.0% in July; 263.4% from year-ago month
- The government paused the removal of energy subsidies in July
Argentina’s monthly inflation reached the lowest level since early 2022 after President Javier Milei briefly tapped the brakes on his economic shock therapy by postponing utility hikes.
Consumer prices rose 4% in July from a month earlier, in line with the 4% median forecast of economists surveyed by Bloomberg. Annual inflation slowed to 263.4%, according to government data published Wednesday.
