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Argentina's Inflation Drops, but Unemployment and Poverty Persist

4/2/2026

39 2 Full Breakdown

Summary

Story summary

President Javier Milei touts inflation falling from 211% in 2023 to 31.5% by 2025.
Analysts attribute the decline to wage suppression and a downturn in manufacturing.
The downturn includes more than 2,000 business closures and 73,000 lost jobs.
Poverty fell to 28.2%, but many remain skeptical due to ongoing struggles and high unemployment.
Reliance on foreign capital raises sustainability concerns and widens societal divisions.

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Story summary

President Javier Milei touts inflation falling from 211% in 2023 to 31.5% by 2025.
Analysts attribute the decline to wage suppression and a downturn in manufacturing.
The downturn includes more than 2,000 business closures and 73,000 lost jobs.
Poverty fell to 28.2%, but many remain skeptical due to ongoing struggles and high unemployment.
Reliance on foreign capital raises sustainability concerns and widens societal divisions.