nigeriapulse.com

Breaking news and insights at nigeriapulse.com

Argentina’s Inflation Rate Falls to 84.5% in January 2025

In January 2025, Argentina’s inflation decreased to 84.5%, down 33.3 percentage points from the previous month. This is the first time the rate has been below 100% since January 2023. Monthly inflation also dropped to 2.2%, indicating progress in controlling rising prices amidst ongoing economic challenges.

Argentina’s annual inflation rate decreased to 84.5% in January 2025, as reported by INDEC. This marks a reduction of 33.3 percentage points from the previous month and the index has not been below 100% since January 2023. The significant dip in inflation reflects a gradual exit from high inflation rates experienced earlier, which peaked with price increases of 25% in December 2023 and 13% in January 2024.

The reduction in Argentina’s inflation rates signifies a shift towards economic stabilization under President Javier Milei, despite ongoing recessionary challenges. The latest figures illustrate a substantial improvement in managing inflation, coupled with demographic implications due to widespread poverty. Continued monitoring and flexible policies will be crucial in sustaining this downward trend while addressing the recession’s impact.

Original Source: buenosairesherald.com

Clara Lopez

Clara Lopez is an esteemed journalist who has spent her career focusing on educational issues and policy reforms. With a degree in Education and nearly 11 years of journalistic experience, her work has highlighted the challenges and successes of education systems around the world. Her thoughtful analyses and empathetic approach to storytelling have garnered her numerous awards, allowing her to become a key voice in educational journalism.

Leave a Reply

Your email address will not be published. Required fields are marked *