Reason Magazine
•Javier Milei slashes Argentina’s inflation in just 1 year
Summary
Nutrition label
81% Informative
Argentina 's annual inflation rate fell to 117.8 percent in 2024 , marking a significant drop of 93.6 points.
The sharp decline signals a significant turnaround for Argentina 's economy under President Javier Milei .
Milei's government implemented an ambitious austerity program that included slashing federal spending, deregulating the economy, and devaluing the peso by 50 percent .
VR Score
90
Informative language
94
Neutral language
42
Article tone
formal
Language
English
Language complexity
67
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
10
https://x.com/MinEconomia_Ar/status/1879249748231610387https://buenosairesherald.com/economics/mileis-first-inflation-rate-hits-25-5https://www.reuters.com/world/americas/argentina-inflation-nears-300-climb-prices-slows-bit-2024-05-14/https://www.reuters.com/world/americas/argentina-inflation-ticks-up-27-december-ends-2024-1178-2025-01-14/https://www.dw.com/es/la-inflaci%C3%B3n-interanual-en-argentina-se-situ%C3%B3-en-el-2542/a-68259118https://x.com/LuisCaputoAR/status/1879242838975938868https://x.com/INDECArgentina/status/1879242118935507257?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1879242118935507257%7Ctwgr%5E40555421366db27709bdaa5de2fc126aad17900f%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.dw.com%2Fes%2Fargentina-cierra-el-2024-con-una-inflaciC3B3n-del-1178%2Fa-71294204https://buenosairesherald.com/economics/argentina-reduces-monthly-crawling-peg-to-1https://batimes.com.ar/news/economy/indec-reveals-argentinas-2024-inflation-rate-1178.phtmlhttps://en.mercopress.com/2025/01/15/indec-announces-argentina-s-inflation-in-2024-reached-117.8