Argentina's economic death spiral

Protests mounting at austerity measures put into place to cut in inflation

Inflation in Argentina is now running at 287.9%, figures released on Friday afternoon by the government’s INDEC statistics bureau showed. The number, 9.7 points higher than February’s, indicates that Argentina’s runaway price hikes remain the worst in the world.

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In late November Javier Milei won Argentina’s presidential elections and took office in December. Inflation at the time was over 25% MoM. It is now 4% MoM.

DB2

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He may seem crazy but he is doing what he has to do.

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