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Argentina’s monthly inflation ticks up as Milei faces backlash over an outdated index
- Argentina's inflation rate rose to 2.9% in January, with a 12-month rate of 32.4%, according to the national statistics agency INDEC.
- The government postponed a planned overhaul of the Consumer Price Index methodology, leading to controversy after the resignation of INDEC chief Marco Lavagna.
- Economy Minister Luis Caputo stated that the change needed to occur after the disinflation process was finished, amid public skepticism.
- Experts believe that the outdated index used to measure inflation does not reflect current expenses, causing a loss of credibility for the government.
54 Articles
54 Articles
Argentina inflation rises for fifth month straight
Argentina’s inflation rate accelerated for a fifth straight month, suggesting President Javier Milei’s campaign to slash soaring prices may be faltering. Milei inherited a monthly inflation rate of more than 25% when he came to power in 2023, but thanks in part to drastic cuts to public subsidies, the rightist leader managed to curb price rises. Still, Argentina’s inflation rate remains among the world’s highest. Milei insists the reason for rec…
Argentina: January inflation hits 2.9% and 12-month rate reaches 32.4%, INDEC says
Argentina’s inflation came in at 2.9% in January, taking the 12-month rate to 32.4%, according to the national statistics agency INDEC. The reading marked an acceleration of 0.1 percentage points from December.
The inflation of January 2026 was 2.9% reported this Tuesday by the National Institute of Statistics and Censuses (INDEC), the highest value since March 2025 and
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