I think that you may have seen month-over-month inflation in Argentina, which is 2.4% for November (the lowest in a couple of years). That may seem low, but that's just the change in prices from one month to the next. In USA, the month-over-month inflation is around 0.3%, while yearly inflation is 2.7%. In Argentina, yearly inflation is 166% right now (and it was worse before!), but if they kept 2.4% month-over-month for a year, they'd have 33% yearly inflation - that's still not "extremely low" (e.g. the recent inflation surge in the US only peaked at 9.1% yearly), but it would be the lowest for Argentina since 2018.