“Poverty in Argentina fell to the lowest level since the first half of 2018 in another victory for President Javier Milei, even as the disinflation process stalls.

In the second half of 2025, 28.2% of Argentines lived in poverty, down from 31.6% in the first half, according to data published Tuesday by Argentina’s statistics agency.

A combination of Milei’s austerity and a tightly controlled currency thwarted the pace of price increases in the second half of the year, combined with boosts to some social welfare spending, helping to bring more people out of poverty. The rate is defined locally as incomes that can afford the cost of a basic basket of goods and services.”

From Bloomberg.