Poverty in Argentina fell sharply to its lowest level since 2018 as President Javier Milei’s policies brought down inflation from triple-digit territory, an accomplishment that could help his party regain some momentum with voters before October midterm elections.
In the first half of the year, 31.6% of Argentines lived in poverty, down from nearly 53% in the early months of Milei’s presidency a year ago, according to data published Thursday by Argentina’s statistics agency.