Argentina’s monthly inflation reached the lowest level since late 2021, scoring a significant win for President Javier Milei as he makes lowering price spirals the centerpiece of his administration.

STORY: Argentina's triple-digit inflation is the world's highest.The cost of basic goods has skyrocketed, but salaries have stagnated. And while recent measures show the rate of inflations has begun to slow,

Inflation in Argentina slowed to 3.5 percent in September – the lowest monthly rate since November 2021. The news is a boost for President Javier Milei’s government, which has put slowing consumer price hikes and achieving fiscal balance at the heart of its programme.

Argentina's triple-digit inflation, among the world's highest, is starting to slow down but this offers little relief for workers whose salaries have stayed the same while costs of basic goods skyrocketed and the government slashed state subsidies.