Elections

A big win could inspire Milei and his colleagues to keep appreciating the peso, which is lowering inflation and benefiting Argentina's upper and high-middle classes.

A huge midterm win would hurt Milei

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As the October midterm elections approach in just two months, the administration of President Javier Milei is focusing primarily on demonstrating to Argentines its commitment to continuing the fight against inflation. For two consecutive months, May and June, it has achieved robust figures below two percent per month, recording 1.5 and 1.6 percent, respectively. This … Read more

Argentina Inflation

Milei plays on dropping prices to garner votes

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As Argentina approaches its national legislative elections in a matter of months, the government is intensifying its efforts towards a singular objective: the reduction of inflation. However, despite the recent deceleration in consumer prices and wholesale inflation being met with approval, other economic indicators could potentially jeopardize Economy Minister Luis Caputo’s approach. It is important … Read more