by Christian K. Caruzo
Breitbart.com
The National Institute of Statistics and Census of Argentina (INDEC) announced on Tuesday that Argentina registered a 13.2 percent inflation rate in February, marking the second month in a row where inflation has slowed down as a result of President Javier Milei’s austerity policies.
Upon taking office in December, Milei applied a series of “shock therapy” measures to avoid a total economic collapse in Argentina after nearly two decades of socialist governments left the country teetering on the brink of hyperinflation. Milei began by undoing as many of the hundreds of socialist regulations as possible and has turned his attention towards the near-depleted foreign reserves and a convoluted currency control system.