by Christian K. Caruzo
Breitbart.com
The National Institute of Statistics and Census of Argentina (INDEC) announced Thursday that the country’s inflation rate in January was 2.2 percent — the lowest in five years.
Argentina marked the first month of 2025 with its lowest inflation rate since July 2020 and the month with the lowest inflation under the administration of President Javier Milei to date, dropping 0.5 percent from December’s 2.7 percent.
The Argentine newspaper La Nación highlighted the slowdown of inflation during January and explained that the month tends to be one with “seasonally high” inflation as Argentina, a country located in the Southern Hemisphere, is currently going through summer. January also marked the fourth month in a row in which Argentina measured an inflation rate under three percent since it dropped down to 2.7 percent in October.