Monthly inflation in Argentina slowed more than expected in March, cooling for the third straight print as President Javier Milei’s austerity hurts consumer spending.
Argentina keeps dropping the inflation numbers, good news for the country!
Only if inflation is the only metric of concern, but a stalled economy with low inflation and massive unemployment is not a healthy situation. Austerity does not tend to foster economic growth and I worry they’ve decided to focus solely on one of their problems. Hopefully it’s actual improvement.
Only if inflation is the only metric of concern, but a stalled economy with low inflation and massive unemployment is not a healthy situation. Austerity does not tend to foster economic growth and I worry they’ve decided to focus solely on one of their problems. Hopefully it’s actual improvement.