Argentina Withdraws from WHO Amid Economic Gains

Argentina's monthly inflation rate rose slightly to 1.6% in June 2025, up from May's 1.5%, but remained among the lowest since 2020 and below market forecasts. Annual inflation continued its downward trend, dropping to 39.4%, a notable improvement from last year's triple-digit levels and marking the 12th month of disinflation. Education and fuel saw the largest price increases, while food prices rose modestly. President Javier Milei's austerity measures, including deep spending cuts and reduced subsidies, have been credited for these economic gains and a fiscal surplus, as well as a drop in poverty from 51% to 35.4% in a year. The Argentine economy grew by 7.6% in the second quarter, though long-term stability remains uncertain. The government also withdrew from the World Health Organization, seeking greater control over health policy and spending.