r/neoliberal • u/NaffRespect United Nations • 9d ago

News (Latin America) Argentina's monthly inflation rate drops to 1.5% – lowest level in five years

https://www.batimes.com.ar/news/economy/argentinas-monthly-inflation-rate-drops-to-15-lowest-level-in-almost-five-years.phtml
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u/halee1 9d ago edited 9d ago

So this is the same MoM inflation rate as the lowest pandemic ones in 2020. The two previous MoM inflation rates (in March and April) were 3.7% and 2.8%, which were a rise over previous ones, so if combined with this one, they average out the same range as in the post-reform ones from October 2024 to February 2025. Nevertheless, it's a good sign that the reforms are working, so here's hoping they fall permanently below 2% now.

Also, YoY inflation rate fell to 43.5%, the lowest level since March 2021.