Argentina's Inflation Soars to 32-Year High of 211% Under President Milei's Policies
- Argentina's annual inflation soared to 211.4% in 2023, the highest rate in 32 years
- The rate is the highest in the world, surpassing Venezuela
- The high inflation reflects right-wing President Javier Milei's economic shock measures
- Monthly inflation stood at 25.5% in December, below the 30% forecast
- Around 40% of Argentina's population is estimated to live in poverty