FT: Milei's Disinflation Fails to Spur Growth; Employment, Wages, Consumption Lag

The Financial Times acknowledges Argentina's fiscal consolidation under President Milei has reduced inflation, but highlights persistent declines in employment, real wages, and consumption, indicating the economy has not entered a sustainable recovery. The critique underscores a divergence between macro stabilization and microeconomic vitality, raising questions about the durability of the adjustment and its political sustainability.

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