Argentina August CPI 1.7% misses Milei's 'zero something' target; core inflation sticky near 2%

Argentina's August CPI came in at 1.7%, well above President Milei's forecast of near-zero inflation for the month. Economists note underlying inflation remains around 2%, pressured by services, regulated sectors, and rents, raising questions about the sustainability of disinflation and its political implications for 2027.