Argentina’s economy is rebounding fast. Inflation has plummeted, growth is back, and poverty is falling. Javier Milei’s shock reforms are delivering what few thought possible.

Argentina's monthly inflation likely ticked up to 1.9% in June, according to the median forecast of a Reuters poll, after May's rise marked the lowest monthly increase since 2020. The month of May had marked the smallest monthly increase in five years for South America's No.

President’s economic team sends a signal to the market that it still has an iron grip on Argentina’s money supply, a key ingredient to thwarting inflation, stabilising the peso – and his high approval ratings.

In Javier Milei's Argentina, falling inflation has stimulated a boom in car and real estate sales and foreign-bound planes take off laden with tourists.

Argentina's National Institute of Statistics and Census (Indec) reported on Monday that inflation in June was 1.6%, marking the second-lowest monthly figure of the year. This brings the cumulative inflation for the first six months of 2025 to 15.

June inflation came in at 1.6 percent, slightly up from May's 1.5 percent, which had been the lowest rate in five years, the INDEC national statistics bureau said.

President Javier Milei, who has slashed public spending by 30% since taking office in 2023, vowed to veto the legislation.

Monthly inflation in Argentina inched slightly higher in June, but remained among the lowest in years, a boost to budget-slashing President Javier Milei's efforts to curb runaway prices.

Argentine President Javier Milei and his vice-president, Victoria Villarruel, have engaged in a bitter public war of words over plans to increase pensions. Milei shared posts on X in which his running mate had been called "stupid" and described as "a traitor", and in response Villarruel told the president to "grow up".