Argentina: Yearly inflation hits 290% as monthly rate slows DW 05/15/2024
Briefly

Inflation in Argentina slowed for the fourth consecutive month, with monthly rate at 8.8%, seen as a victory for President Milei amidst a high annual rate of 289.4%.
Milei's administration adopted austerity measures including cutting public jobs, reducing subsidies, and slashing public spending, earning praise from investors and the IMF.
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