Argentina inflation slows to lowest under Milei | Buenos Aires Times

Shardikprime@lemmy.world to World News@lemmy.world – 18 points –
batimes.com.ar
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However, more than half of Argentinians are now living in poverty. https://www.bbc.com/news/articles/ceqn751x19no

It only went up 11%points, which is a miracle considering the 230% inflation going on before he took office.

How much if your country would be in poverty if next year their savings and income were effectively slashed by 60%?

It went up by 11% points. The amount of people in poverty increased by 25%

True. Corrected. The point is that was already pretty bad and getting worse quick, so reaching 50% isn't that surprising. His policies probably slowed it down.

It's a very kill or cure approach.... Let's hope it works long term.

It's still a huge yearly inflation rate though!