\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t May inflation in Argentina clocked in at 2.1%, according to a report released Thursday by statistics agency INDEC.<\/p>\n
The figure is a slight dip compared to Aprils 2.6%, marking the first time in twelve months that the inflation rate has slowed for two consecutive months.<\/p>\n
It is also the lowest figure in the last nine months, surpassed only by the 1.9% recorded in August 2025.<\/p>\n
Core inflation, meanwhile, stood at 1.9%, a significant slowdown from the previous months 2.3% and the lowest figure since July of last year. Prices rose 33.2% year-over-year, while cumulative inflation so far in 2026 stands at 14.7%.<\/p>\n
A breakdown of the increases Prices for seasonal products saw the largest increase, rising by 3.5%, due to higher vegetable prices. This increase, however, was offset by a decline in fruit prices.\u00a0<\/p>\n
The category with the largest increase was communications (+3.4%), driven by higher telephone service rates. The second category with the highest increases was education, at 2.9%.\u00a0<\/p>\n
Broken down by region, the Northwest recorded the largest increase, at 2.6%, while Patagonia was at the opposite end of the spectrum, with a monthly increase of 1.9%.\u00a0<\/p>\n
The figure was slightly better than that reported by private consulting firms, which had agreed that May would show a further moderation in price increases.<\/p>\n
After several months, inflation is lower than the market had expected, said Fernando Marull, an economist and partner at the consulting firm FMyA.\u00a0<\/p>\n
According to the latest Market Expectations Survey (in Spanish, REM) conducted by the Argentine Central Bank, the Consumer Price Index (CPI) was expected to be 2.3%, but it ended up at 2.1%.<\/p>\n
This is something that hasnt happened since August of last year.<\/p>\n
What to expect going forward Experts agree that this downward trend will continue over the coming months.\u00a0<\/p>\n
According to consulting firm C&T, prices show a slight moderation at the start of June. \u201cThe rolling 4-week average inflation, which had closed at 2.2% in May, fell to 2.1%,\u201d by the first week of the month, they explained.<\/p>\n
EcoGo projects an inflation of 1.9% for this month, although they clarified that the figure is still preliminary and subject to change.<\/p>\n
The REM which compiles estimates from 34 local and international consulting firms and research centers, as well as 12 financial institutions in Argentina estimates June inflation to be 2.1%.\u00a0<\/p>\n
They project the rate to gradually decline until breaking the 2% barrier in August (1.9%), eventually dropping to 1.7% by November.<\/p>\n
This would be a significant accomplishment for President Javier Milei, as his administration was only able to keep monthly inflation below 2% between May and August 2025, following the easing of foreign exchange restrictions for retail buyers.<\/p>\n
This, however, would represent a much more modest goal than the one originally proposed by the Argentine president. Just three months ago, Milei had assured that Augusts retail inflation would start at \u201c0. [something] %.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
May inflation in Argentina clocked in at 2.1%, according to a report released Thursday by statistics agency INDEC. The figure is a slight dip compared to Aprils 2.6%, marking the first time in twelve months that the inflation rate has slowed for two consecutive months. It is also the lowest figure in the last nine […]<\/p>\n","protected":false},"author":261,"featured_media":75386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42,3183,5415],"tags":[96,4434,5413],"class_list":["post-75385","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economics","category-indec","category-inflation-in-argentina","tag-economics","tag-indec","tag-inflation-in-argentina"],"_links":{"self":[{"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/posts\/75385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/users\/261"}],"replies":[{"embeddable":true,"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/comments?post=75385"}],"version-history":[{"count":0,"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/posts\/75385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/media\/75386"}],"wp:attachment":[{"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/media?parent=75385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/categories?post=75385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/service.codeus.ca\/index.php\/wp-json\/wp\/v2\/tags?post=75385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}