Argentina's Inflation Slows Slightly But Remains Extremely High Under Milei's Economic Policies
• Argentina's inflation slowed to 13.2% in February, down from 20.6% in January and 25.5% in December • But inflation remains extremely high on a yearly basis at over 276% • Right-wing President Javier Milei has pushed austerity and deregulation to try to revive the economy • Milei eliminated some energy and transport subsidies, leading to price increases • Around 40% of Argentina's population lives in poverty