Argentina reports lowest inflation in a long time

Inflationen i Argentina låg på 25,5 % när landets president Milei tillträdde den 10 december förra året. Sedan dess har det sydamerikanska landet rapporterat en inflation som tydligt befinner sig i en nedåtgående trend.

Inflation in Argentina stood at 25.5% when President Milei took office on December 10 last year. Since then, the South American country has reported inflation that is clearly on a downward trend. January: 20.6% February: 13.9% March: 11% April: 8.8% May: 4.2% June: 4.6% July: 4% August: 4.2% September: 3.5% The figure for October just came in – 2.7% This means that Argentina no longer has inflation but deflation. The country is known for its natural resources, and there are several Canadian companies exploring in Argentina. The Lundin family also has major interests in several commodity companies operating in Argentina. In the United States, there is an exchange-traded fund focused on Argentina, but there is no equivalent in Europe.

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