Argentina's poverty rate rose to 32.3% in the first half of 2026, up from 28.2%, putting pressure on President Miley ahead of the 2027 election.

Argentina's poverty rate rose to 32.3% in the first half of 2026, up from 28.2%, putting pressure on President Miley ahead of the 2027 election.

The Catholic University of Argentina estimates that poverty may rise to 35% by the end of 2026.

While Miley's austerity policies have sharply reduced inflation and stabilized public finances, subsidy cuts and weak wage growth are putting pressure on households.

Miley's government says it will maintain its austerity program, arguing that fiscal discipline is needed for long-term growth.

Source: Reuters