Decoding the Challenges of Milei’s Economic Strategy

Risks don’t disappear just because you ignore them. They only become more dangerous. – Nassim Nicholas Taleb At its core, economic policy represents the strategic management of risk. Every programme faces inherent tensions, and each stabilisation plan necessitates a set of decisions that favor specific objectives while sacrificing others. Every government determines the risks it … Read more

Milei defends Argentina’s peso before midterms

President Javier Milei is intensifying his defense of Argentina’s currency in anticipation of another substantial local debt auction, exacerbating the strain on the banking system and the wider economy as he combats inflation. The government is conducting an auction on Wednesday for peso notes and dollar-linked securities, marking the second such event in a fortnight. … Read more

The two pockets of Argentina

A “dollarized” Argentina is doing well and a “pesofied” Argentina is struggling. Once the enthusiasm about inflation reduction subsides, Argentines will measure the Javier Milei administration depending on where in the social food chain they land. This will be measured by a simple variable: their standards of living vis-à-vis the past and their fellow countrymen. While it … Read more

Argentina’s luxury boom hides mass despair

Different segments of Argentina have different consumer habits. The housing market is experiencing robust growth in Javier Milei’s Argentina. Automobiles are rapidly being sold, and prominent airlines are increasing their flight offerings to Buenos Aires in response to the rising demand for travel. Yet restaurants are increasingly vacant, hotels are at best operating at fifty … Read more

July inflation in Argentina reaches 1.9%

In July, Argentina experienced a monthly inflation rate of 1.9%, as reported by the INDEC statistics bureau on Tuesday. It marks the second consecutive month of increase in the Consumer Price Index (CPI) following June’s rate of 1.6%. Inflation experienced a variation of 17.3% over the initial seven months of 2025, alongside a year-on-year increase … Read more

SME retail sales fell 5.7% in July

The Argentine Chamber of Medium-sized Enterprises reported 2% retail sales decline and flat consumption due to declines in most sectors and lower margins.  In July, small and medium-sized retail sales experienced a decline of 2% compared to the same month in the previous year, as reported by the Argentine Confederation of Medium-Sized Enterprises (CAME). In … Read more

Argentina pledges more ‘chainsaw’ policies and a new inflation measure

The recently published staff report on Argentina from the International Monetary Fund (IMF) indicates that the national administration under President Javier Milei is dedicated to implementing extensive reductions in social policies and altering the methodology used to calculate inflation. Last week, the lender of last resort sanctioned a US$2 billion disbursement to the country, as … Read more

Javier Milei

Argentine inflation maintains 1.6% in June

In June, Argentina experienced a 1.6% increase in consumer prices, reflecting a positive outcome for President Javier Milei’s economic programme. According to the official figures released on Monday by the national statistics agency INDEC, the annual inflation rate stands at 39.4%, with a notable increase of 15.1% in prices during the first half of the … Read more

Argentina Economy

June Sees 2.1% Surge in Buenos Aires Prices

Inflation on the Rise: Housing, Transport, and Financial Services Push Costs Higher In June, monthly inflation in Buenos Aires increased to 2.1 percent, as reported by the official statistics bureau of City Hall. The figure reflects a half-point decrease from the previous month, during which consumer prices experienced a rise of 1.6 percent. In April, … Read more

Argentina has its lowest wholesale inflation since 2020.

Argentina’s wholesale inflation has reached its lowest level since 2020. Wholesale prices experienced a decline in May, marking the first decrease since the peak of the pandemic. Argentine President Javier Milei achieved another economic milestone Tuesday as data revealed a decline in wholesale prices in May, marking the first decrease since the peak of the pandemic. … Read more