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Argentina's Inflation Drops to 31.3% Amid Economic Reforms

11/14/2025

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Story summary
  • Argentina's annual inflation fell to 31.3% in October, the lowest since July 2018.
  • The decline follows President Javier Milei's victory, with the United States reportedly providing nearly $1 billion from International Monetary Fund (IMF) reserves to help Argentina meet a crucial debt payment.
  • The monthly inflation rate rose to 2.3% in October, exceeding market expectations.
  • Economy Minister Luis Caputo attributed the improvement to fiscal and monetary discipline.