Argentina’s monthly inflation slowed to the lowest level since July 2020, handing President Javier Milei another victory on voters’ biggest concern a year after taking office.Consumer prices rose 2.4% in November, compared with the 2.8% median forecast of economists surveyed by Bloomberg. Annual inflation slowed to 166%, according to government data published. Last week, Argentina’s Central Bank cut the benchmark rate to 32% from 35% in line with falling inflation expectations.
December 11, 2024
SOURCE: BNN BLOOMBERG
Argentina Inflation Unexpectedly Cools in Another Milei Win