AI Intelligence Summary
Argentina under Milei is undergoing the most radical libertarian economic experiment in modern history. Chainsaw-style spending cuts, dollarisation advocacy, and shock-therapy austerity have compressed the fiscal deficit at enormous social cost. Monthly inflation has dropped dramatically from 25%+ to single digits — a genuine achievement. The blue-dollar gap has narrowed. However, the social and political sustainability of this adjustment remains the central question. Reserves rebuilding and IMF programme compliance are the near-term priorities.
-2.80%
GDP Growth
276.20%
CPI Inflation
265.40%
Core CPI
7.80%
Unemployment
35.00%
Policy Rate
-241.20%
Real Rate
88.80%
Debt/GDP
48.40
PMI
GDP Growth Rate
Annual real GDP growth (%)
Inflation (CPI)
Consumer price index annual change (%)
Monetary Policy Rate
Central bank benchmark rate (%)
Unemployment Rate
% of labour force unemployed
Full Indicator Dashboard
| Indicator | Value | Status |
|---|---|---|
| GDP Growth | -2.80% | contraction |
| Headline Inflation | 276.20% | high |
| Core Inflation | 265.40% | high |
| Unemployment Rate | 7.8% | high |
| Policy Rate | 35.00% | accommodative |
| Real Interest Rate | -241.20% | negative |
| Yield Curve Spread | 22.40% | normal |
| Debt / GDP | 88.8% | elevated |
| Current Account | -0.80% | deficit |
| Fiscal Balance | -0.40% | deficit |
| PMI (Composite) | 48.4 | contraction |
| M2 Growth | 185.40% | rapid |
| Industrial Production | -3.40% | declining |
| Trade Balance | $18.8B | surplus |
| FDI Inflows | $4.8B | moderate |
| FX Reserves Coverage | 2.4 months | low |