Argentina's economy showed robust growth and notable improvements in key economic indicators during the first half of 2025 under President Javier Milei's administration. The country's gross domestic product (GDP) increased by 5.8% year-over-year in the first quarter and further accelerated to a projected 7.6% growth in the second quarter, marking the strongest expansion in two decades. This growth was driven by deregulation, significant government spending cuts, and relaxation of currency controls. Private consumption reached its highest historical level with an 11.6% annual increase in the first quarter, while private investment surged 31.8% quarter-over-quarter, primarily due to increased spending on machinery, equipment, and transportation. Industrial production also grew by 5.8% year-over-year in May and 2.2% compared to April. Inflation showed a sustained downward trend, with the consumer price index (CPI) rising only 1.6% in June and accumulating a 15.1% increase in the first half of the year. The annual inflation rate dropped to 39.4%, the lowest since January 2021, marking fourteen consecutive months of deceleration. Food and non-alcoholic beverage prices increased by just 0.6% in June, less than half of the overall CPI increase, and goods inflation was recorded at 0.8%, the lowest since 2017. Real wages improved significantly, with salaries rising 74.3% year-over-year in April against an inflation rate of 47.3%, yielding an 18.3% real increase. Poverty levels declined sharply, falling from 54.8% at the start of Milei's term to 31.7% in the first quarter of 2025, with indigence rates dropping from 20.2% to 7.3%. The poverty rate in Buenos Aires city dropped over 15 percentage points to 19.9%, the lowest since early 2022. Projections for the first half of 2025 estimate poverty at 31.6%, indicating that over 11 million Argentines have exited poverty since Milei took office. These economic advancements have been celebrated by the government as a recovery milestone, with Milei and his economic team publicly endorsing the inflation and poverty data.