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argentina inflation

​Argentine President Javier Milei speaks to the media on the outskirts of Buenos Aires, Argentina, on August 27, 2025.
Analysis

Dual crises throw wrench in Milei’s election plans

The campaign for Argentina’s legislative election officially launched this week, but it couldn’t have gone worse for President Javier Milei.

A gas station in Düsseldorf, Germany, on June 10, 2025.
Hard Numbers

HARD NUMBERS: Oil prices spike, China stops drinking, BTS eyes reunion, and more…

​A woman cleans thick mud, in the aftermath of floods caused by heavy rains, in Sedavi, near Valencia, Spain, November 3, 2024.
What We're Watching

Hard Numbers: Spaniards furious over floods, Muscovites steal pricy butter, Argentina cuts interest rates, Marriage rate drops in China, Japanese cyclists face fines, Incumbent wins in Moldova

How Javier Milei is turning Argentina's economy around
Quick Take

How Javier Milei is turning Argentina's economy around

Ian Bremmer's Quick Take: We've had a first budget surplus that Argentina has enjoyed in over a decade. And monthly inflation, which has been significant highs and impossible for the people, is actually slowing down. After several administrations in Argentina doing their damnedest to destroy the economy, Milei is turning the place around. And by the way, this was not what I expected when the elections were happening.

Argentine President-elect Javier Milei
What We're Watching

Is Milei moderating? Argentina’s president-elect takes power

After running a scorching campaign that promised to turn Argentina into a Utopia of free-market capitalism by any means necessary, President-elect Javier Milei is cooling things down a bit ahead of his inauguration on Sunday.

​Candidate Javier Milei greets his supporters as he arrives at the school where he votes, in Buenos Aires, Argentina, on Nov. 19, 2023.
What We're Watching

Milei’s victory plunges Argentina into uncharted waters

Far-right libertarian Javier Milei is set to become president of Argentina after defeating Economy Minister Sergio Massa in Sunday’s runoff election.

Graph of Argentina's inflation since 2018
Graphic Truth

The Graphic Truth: Argentina's Inflation Problem

Argentina is facing some of the world’s highest inflation, with rates this year climbing back into the triple digits for the first time in three decades in February.

Argentine congressman and presidential pre-candidate, Javier Milei
Latin America & Caribbean

Argentina’s economy teeters on verge of collapse

Argentina’s economy is on thin ice, especially since the radical libertarian candidate Javier Milei unexpectedly emerged as the front-runner in the presidential primary this week.

Argentine presidential candidate Javier Milei gives a speech in Buenos Aires on Aug. 7, 2023.
popular

Populism rules the day in Argentina

Far-right eccentric economist Javier Milei surprised everyone in Argentina’s primary election on Sunday. Faced with 116% annual inflation, a 43% poverty rate, a plunging peso, and rising crime, voters responded at the polls by awarding Milei the most votes.

Migrants use their phones to access the U.S. Customs and Border Protection (CBP) in a shelter near the US-Mexico border in Ciudad Juarez, Mexico February 24, 2023.
News

Hard Numbers: Glitchy US border app, Japanese no-show canned, Paris stinks, Argentina’s inflation hits triple digits

A glitchy new US government app meant to speed the processing of asylum-seekers and other migrants arriving from Mexico has a rating of just 2.5 stars on Google play.