There’s good news out of Argentina, where President Milei is presiding over efforts to tame inflation and strengthen the country’s currency. Inflation last month fell, on a monthly basis, to the lowest level in five years. Under Mr. Milei Argentina’s ...

Argentina's National Institute of Statistics and Census (Indec) reported on Monday that inflation in June was 1.6%, marking the second-lowest monthly figure of the year. This brings the cumulative inflation for the first six months of 2025 to 15.

In Javier Milei's Argentina, falling inflation has stimulated a boom in car and real estate sales and foreign-bound planes take off laden with tourists.

Argentina's monthly inflation likely ticked up to 1.9% in June, according to the median forecast of a Reuters poll, after May's rise marked the lowest monthly increase since 2020. The month of May had marked the smallest monthly increase in five years for South America's No.

Argentina’s economy is rebounding fast. Inflation has plummeted, growth is back, and poverty is falling. Javier Milei’s shock reforms are delivering what few thought possible.

Despite these achievements, Capital Economics notes that "cracks are emerging" in the pillars of Milei’s economic plan. Government revenue growth has started to slow while spending pressures on social welfare, transfers to provinces, and personnel expenses have begun to increase.

President Javier Milei, who has slashed public spending by 30% since taking office in 2023, vowed to veto the legislation.

With his chainsaw economics, Milei is jolting Argentina back to life. The economy grew at its fastest clip in nearly 20 years, defying predictions of total collapse.

President’s economic team sends a signal to the market that it still has an iron grip on Argentina’s money supply, a key ingredient to thwarting inflation, stabilising the peso – and his high approval ratings.