La Derecha Diario March inflation was 3.7% and the year-on-year rate plummeted to 55.9%
These data represent a chasm of difference compared to the year-on-year inflation of 287.9% recorded in March 2023
The National Institute of Statistics and Censuses (INDEC) published this Friday, April 11, the official Consumer Price Index (CPI) data for March 2025, strongly affected by the start of classes.
According to the agency, monthly inflation reached 3.7%, a value that, although higher than February's 2.4%, confirms the deceleration trend in price increases, remaining well below the 11% recorded in March 2024.
Even more impressive, the year-on-year inflation plummeted to 55.9%, a sharp drop compared to 66.9% in February 2025 and a vast difference from the 287.9% recorded in March 2024, when the economy was still suffering the worst part of the crisis inherited from Kirchnerism.
Just a year ago, in March 2024, monthly inflation reached 11%, a result of the previous government's populist policies, which financed a fiscal deficit of 15 points of GDP with monetary issuance. That legacy of instability, which brought Argentina to the brink of hyperinflation, contrasted with the change of course driven by Javier Milei's administration since December 2023.
The libertarian administration's measures, such as eliminating the fiscal deficit, drastically reducing political spending, ending monetary issuance to finance the State, and deregulation, managed to control an inflation that for years eroded Argentinians' incomes.
The March 2025 data, with a monthly CPI of 3.7%, reflects an economy that, step by step, recovers stability and begins to generate confidence.
According to INDEC, the division with the highest monthly increase in March 2025 was Education (21.6%), something that explains the rise compared to February. Meanwhile, the division with the smallest increase was Recreation and culture (0.2%).
The plunge in year-on-year inflation to 55.9%, the lowest level in years, shows that the course is correct. In the face of criticism from those who defend state interventionism, the numbers speak for themselves: economic freedom is the only way out of the inherited decline.
With fiscal discipline and a State that ceases to be an obstacle for citizens, Argentina is closer to becoming the prosperous country it once knew how to be.
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