Argentine President Javier Milei celebrated a drop in April inflation to 2.6% [1], and said that the country is returning to normality.
The decline marks a critical moment for the administration's economic program, which seeks to stabilize prices through aggressive fiscal measures. A sustained downward trend is essential for the government to maintain public support and attract international investment.
Speaking during a streaming interview with TN, Milei said the country is "retornando a la normalidad" [5]. He said that the inflation rate is resuming a downward path [2]. The 2.6% figure represents the lowest record in five months [3] and the first descent after a period of 10 months without decreases [4].
Despite the positive data, Milei cautioned that the economic battle is not yet won. He said the only data point that brings true relief is when inflation reaches zero [6]. He said that the work remains unfinished until that target is achieved.
Milei also said that these results were achieved despite what he described as attempts by political opponents to disrupt his agenda. The president said that the current trajectory confirms the effectiveness of his monetary policies, a strategy centered on reducing the money supply to curb price hikes.
The data was released by the National Institute of Statistics and Censuses (INDEC) on Thursday. The administration views this deceleration as evidence that the economy is stabilizing after a period of extreme volatility.
“"Retornando a la normalidad"”
The drop to 2.6% inflation suggests that the Milei administration's austerity measures are beginning to impact price indices. However, the discrepancy in reporting—with some sources citing a five-month low and others a 10-month trend—indicates that while the immediate trend is downward, the long-term recovery from hyperinflationary pressure remains fragile and subject to political volatility.
