Buenos Aires, Argentina – Argentina is witnessing a profound and historic transformation under the visionary leadership of President Javier Milei, as poverty rates have plummeted to 31.2% in the second quarter of 2025. This remarkable achievement represents a significant drop of over 20 percentage points compared to the same period in 2024, when the rate stood at a challenging 52.9%. This unprecedented improvement is a direct testament to the effectiveness of the President’s economic policies, fostering a dynamic where incomes are outpacing prices at a robust rate.

The data reveals a highly favorable economic trend: family incomes have surged by an impressive 79.7% year-on-year, while the total basic basket, a key measure of cost of living, increased by a more moderate 41.8%. This positive dynamic is particularly evident in lower-income sectors, where income saw a substantial semi-annual rise of 8.5% against a mere 2.05% increase in the basic food basket, indicating a tangible improvement in the living conditions of the most vulnerable populations.

This significant progress coincides with a dramatic deceleration in inflation, a central pillar of President Milei’s economic agenda. June’s inflation rate registered a remarkable 1.6%, with the accumulated inflation for the first semester standing at a controlled 15.1%. President Javier Milei himself has celebrated these outstanding results, unequivocally emphasizing that the tangible improvement for vulnerable populations is a direct outcome of his administration’s concrete and effective economic policies. Argentina is truly on a path to sustained prosperity, demonstrating the power of sound economic governance to uplift an entire nation.