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Graphic Truth: Inflation plunges in Argentina

​Argentina's inflation rate year over year.

Argentina's inflation rate year over year October 2024 to Oct 2025

Eileen Zhang
By Riley Callanan,
Riley Callanan

Riley is a former writer and reporter for GZERO. When she isn’t writing about global politics, you can find her conducting research on American politics or persisting in her lifelong quest to learn French. Riley spends her time outside of work grilling, dancing, and wearing many hats (both literally and figuratively).

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Eileen Zhang
Eileen Zhang
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November 13, 2025
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Argentina’s president Javier Milei inherited inflation that was over 200%, but after 18 consecutive months of it falling, it now stands at just 31%. While that is still one of the world’s highest, it is an impressive improvement. It comes as the US has sought to prop up Argentina’s economy, recently giving nearly $1 billion of its International Monetary Fund reserves to help Argentina make a critical debt payment to the IMF. The transaction follows the US recently providing Argentina with a $20 billion currency swap to stabilize the peso.

argentina economypresident javier mileiinflationeconomyargentinalatin america-caribbeangraphic truth

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