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Argentina Inflation Slows to Lowest Level Since 2021 Under Milei.

Authors :
Tobias, Manuela
Source :
Bloomberg.com; 10/10/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Argentina's monthly inflation rate in September was the lowest it has been since late 2021, marking a significant achievement for President Javier Milei, who has made reducing price increases a priority. Consumer prices rose by 3.5% in September, slightly below economists' expectations. Milei has implemented measures such as reducing import taxes and narrowing the gap between official and parallel exchange rates to combat inflation. He has also made subsidy cuts, resulting in higher train fares and utility prices. Economists predict that annual inflation will continue to decrease in the coming months. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180198721