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🇦🇷 Life Affordability
How are Argentinian wages holding up?

Welcome to Latinometrics. We bring you Latin American insights and trends through concise, thought-provoking data visualizations.
If you’re anything like us, you’ve been hearing a lot about egg prices in recent months.
For what it’s worth, this makes sense: most domestic politics are shaped by everyday concerns such as cost-of-living indicators. Whether it be the price of gasoline in the US or the price of coffee in Brazil, day-to-day economic worries are often front-and-center in citizens’ minds.
Which brings us to Argentina, sometimes (lovingly?) referred to as Latin America’s basket case. A history of boom-and-bust cycles dating back a century have made stamping down stubborn inflation core to the priorities of any half-decent elected leaders.
Enter: Javier Milei. The right-wing firebrand President of Argentina has been in office for over a year now, and by all accounts he’s successfully achieving his primary objective by slashing inflation. January’s monthly inflation rate was merely 2.2%, the lowest recorded rate seen since July 2020.

Wages vs. inflation in Argentina since Milei

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