Argentina’s inflation cools to its lowest level since September, according to multiple outlets citing recent economic data. In May, prices rise 2.1%, down from the previous month, marking a second straight month of slower inflation. The reports describe the result as an “eight-month low,” with the decline coming after higher price pressures earlier in the year. One outlet notes that inflation had surged in March, linked to an energy shock related to the war between Israel and Hamas and Iran-related factors affecting energy conditions.
The outlets also provide broader context on inflation trends. They state that while inflation remains elevated, the year-over-year rate is around 33%, down from substantially higher levels seen about two years earlier, when Argentina experienced triple-digit inflation. Several sources present the May data as supportive of President Javier Milei’s economic agenda, amid ongoing public concern about persistently high prices. Overall, all sources agree on the direction of the trend: inflation rises continue, but at a slower monthly pace in May, following another monthly slowdown.
