Argentina's Soaring Inflation Leaves Citizens Impoverished and Drives Election Support for Radicals

Inflation in Argentina has risen from 15% in 1991 to 19,900% in 2023, as recorded in a Buenos Aires barber's price books.

The current government under President Alberto Fernandez has seen the fastest price increases, with a 757% rise since he took office in 2019.

Inflation is leaving Argentines impoverished, with 4 in 10 now in poverty, and driving a brain drain of young professionals.

Years of economic decline have eaten away at Argentines' incomes and savings, with the wealthy trying to save dollars to escape.

With inflation near 200%, addressing the economy is the top issue for voters ahead of the October election, driving support for radical Javier Milei.