Argentina's inflation edges up in June, breaking a months-long streak in a blow to President Milei

Javier Milei News

Argentina's inflation edges up in June, breaking a months-long streak in a blow to President Milei
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BUENOS AIRES, Argentina (AP) — A closely watched measure of inflation in Argentina was stronger than the libertarian government of President Javier Milei...

was stronger than the libertarian government of President Javier Milei would have hoped on Friday, as the official statistics agency reported prices edging up in June and breaking a months-long streak of declines.

In another warning sign, the peso fell Friday to another record low against the dollar, hitting 1,500 on the black market and capping another week of volatility after holding steady in the first few months of the year. But as uncertainty remains over the future of Milei's economic program, the IMF dampened expectations of a new deal on Thursday.

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