Global EditionASIA 中文双语Français
China Daily / 2025-03 / 14 / Page011

Argentina's inflation cools, but woes linger on in daily lives

By JIMENA ESTEBAN in Buenos Aires | China Daily | Updated: 2025-03-14 00:00
Share
Share - WeChat

Argentina's chronic inflation is beginning to drop off, dipping to a five-year low early this year from triple-digit levels in the years during and after the COVID-19 pandemic. The government is celebrating the change, but it is yet to translate into real relief for people on the ground.

Argentina's yearly inflation fell to 84.5 percent in January in the wake of drastic and controversial austerity measures aimed at stabilizing the economy. Annual inflation peaked at close to 300 percent in April 2024 and the January number represented a significant drop from 118 percent in December.

The January number represented a five-year low, according to the National Institute of Statistics and Censuses of Argentina. Inflation had soared to 211.4 percent in 2023.

Report cites rights progress in Tibet

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - 2025. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US