(L to R) Buenos Aires Mayor Jorge Macri, Argentina's President Javier Milei and president of the Chamber of Deputies Martin Menem sing the national anthem during the flower offering to commemorate the 44th anniversary of the war between Argentina and the United Kingdom over the Falkland Islands (called Las Malvinas by Argentina) at the 'Cenotaph to the Fallen of the Malvinas War' in Buenos Aires on April 2, 2026. (Credit: Photo by Luis ROBAYO / AFP via Getty Images)
Argentina is telling two different economic stories at once. Inflation keeps grinding lower, and the stock market keeps setting records, yet factories and building sites are shrinking, and households say they're running out of room to cut back. President Javier Milei is meeting that split with a nationalist counter-move, reviving a decades-old sovereignty claim over the Falkland Islands, timed to a re-election campaign he has already confirmed for October 2027.
Disinflation Keeps Advancing While Factories Stall
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