Argentina's monthly inflation is its lowest since late 2021, marking a key achievement for President Javier Milei as he makes lowering price spirals the centrepiece of his administration, according to a report by Bloomberg.

Argentina's inflation drops to 2021 levels

Argentina's monthly inflation rate was 4.2 per cent in August, up from last month and beating analysts' forecasts, as Argentines tighten their wallets in a struggle to cope with spiralling costs.

Argentina's August inflation remains persistent, leaving residents struggling to save

Argentina's economic activity fell by 8.4 per cent in March compared to the previous year, according to the country's official statistics agency, INDEC. This is the sixth consecutive monthly loss and the biggest reduction since 2020.

Argentina’s economic activity plummets 8.4 per cent in March, the steepest drop since 2020

Rising inflation in Argentina is taking a toll on Asado - the traditional Argentinian barbecue, as people cut down on their spending to survive rising prices.

People cut down on traditional barbecue as prices soar

Argentina is grappling with a severe economic crisis as the annual inflation rate surged past 211 per cent in December, reaching levels not witnessed since the early 1990s, according to official data.

Argentina faces economic crisis as inflation soars over 200pc under President Javier Milei

Argentina is grappling with a severe economic crisis as inflation reaches a staggering 143 per cent, forcing citizens to adapt their spending habits. Hard-hit by rising prices, Argentines are increasingly resorting to second-hand clothing markets, not only to find affordable apparel but also to generate extra income by selling their old garments.

Argentinians are shifting to second-hand clothing. Here's why

Pop icon Taylor Swift is scheduled to sing for two shows in November in inflation-hit Argentina. The tickets in the standing-room only area closest to the stage where Swift will sing are going for 75,000 pesos, or about $153.

How Taylor Swift's fans in Argentina will dodge inflation to see her sing in November concert

The first time in decades inflation in Argentina has surged past the 100 mark, hammering salaries and the spending capacity of ordinary citizens. While the situation has pushed up poverty levels in the country by 40%, the crisis has dented the popularity of the current government ahead.

Argentina's inflation soars past 100% mark; 'zero capacity to save,' cry citizens

In Argentina, the annual inflation rate has soared to a high of 104.3 per cent. The astounding high was revealed by the nation's official statistics agency on Friday.

Argentina annual inflation over 104%, poverty up by 40%, people report ‘zero capacity to save’

Argentina'sannual inflation rate tore past 100 per cent in February, the country's statistics agency said on Tuesday (March 14), the first time it has hit triple figures since a period of hyperinflation in 1991, over three decades ago.

Argentines struggle as inflation shoots past 100% for first time since 1991