Argentina Inflation Slows to 15.3% in February on Milei Austerity Measures

Argentina's February inflation reading expected to be 15.3%, down from over 20% in January and 25% in December
Price slowdown attributed to new President Javier Milei's austerity drive and tight monetary policy
Milei government trying to stem high inflation, running at over 250% annually, through cost-cutting and mopping up extra pesos
Downside is hitting economic growth, with falling consumption and production
February reading likely benefited from delayed utility price hikes, expected to kick in during March and April