Argentina Inflation Drops Below 200% For First Time In A Year

Argentina’s inflation dropped to 193%, falling below 200% for the first time in nearly a year, as President Javier Milei’s austerity measures take effect. While monthly inflation slowed to 2.7%, the economic relief has led to decreased consumption, rising poverty, and cuts to public service subsidies. Beef consumption hit a 13-year low, reflecting the economic strain felt by many citizens.