Inflation in Argentina at Lowest Rate Since 2020

Recent data shows that Argentina's inflation for January has reached its lowest level in four and a half years, according to the National Institute of Statistics and Censuses. With a 2.2% increase, the government remains optimistic about the economy amidst ongoing challenges like poverty and insecurity.


Inflation in Argentina at Lowest Rate Since 2020

The National Institute of Statistics and Censuses (Indec) revealed encouraging data for inflation in Argentina. According to the report, the Consumer Price Index (CPI) for January showed an increase of 2.2%, marking a slowdown compared to 2.7% in December. This represents the lowest index in the last four and a half years, generating optimism in the Ministry of Economy and in the Casa Rosada.

The survey conducted by Equipo_mide also evaluated the main concerns of Argentinians, highlighting that poverty at 18%, insecurity at 16%, and unemployment at 11% are the most relevant, leaving the rest in a neutral state. Additionally, the emotional situation of Argentinians was analyzed, where 25% expressed hope, 22% uncertainty, another 22% anger, 14% trust, 7% fear, 6% disappointment, and 1% happiness.

In this context, meat has been a highlighted issue, with an increase due to lower supply and the need to readjust prices after a 2024 in which it lost against inflation. Despite these inflationary challenges, economists from the City have advanced projections for February, which poses a scenario of uncertainty.

On the other hand, the survey also revealed the population's expectations for the next six months regarding the country's situation and political trends in the City. In this regard, various actors, such as Jorge Macri, head of Government of the City, have expressed their positions regarding the current scenario and the upcoming elections.

The PRO, for its part, continues to show its determination to remain the main electoral stronghold in the City, with no intentions of ceding ground. Additionally, it has been highlighted that a significant percentage of the population maintains positive emotions, reflecting a hopeful atmosphere despite economic challenges.