Argentina’s inflation slows to 8-month low in a boost for President Milei
Consumer prices rose 2.1% in May, and annual inflation stayed near 33% as Milei’s austerity drive won investor support.
- Argentina's monthly inflation slowed to 2.1% in May, the lowest level in eight months, while Global Ratings upgraded the nation's sovereign credit rating to a stable B- on Wednesday.
- Dollar bonds rallied across the curve on Thursday, with longer-dated securities rising more than 2 cents on the dollar following the positive economic data.
- President Javier Milei and Economy Minister Luis Caputo celebrated the progress, with Minister Caputo hailing the inflation slowdown as part of efforts to reverse chronic fiscal deficits.
- Despite the financial improvements, Unemployment has ticked up as domestic industries struggle against cheap imports, while high costs of living in Argentina continue to outpace real wages.
45 Articles
45 Articles
Argentina Inflation Cools Again, Easing the Pressure on Milei
Argentina · Economy Key Facts —The number. Prices rose 2.1% in May, down from the month before. —The streak. It marks a second straight monthly slowdown and an eight-month low. —The yardstick. Yearly inflation sits near 33%, down from triple digits two years ago. —The leader. It hands President Milei a win on his central […] The post Argentina Inflation Cools Again, Easing the Pressure on Milei appeared first on The Rio Times.
The private consultants estimated that, with the updated basket that the economic team decided not to apply, it would have been higher than reported yesterday by Indec.
The Toronto Star
Argentina’s inflation slows to 8-month low in a boost for President Milei
BUENOS AIRES, Argentina (AP) — Argentina's inflation slowed for the second straight month in May, economic data released Thursday showed, providing some welcome news for President Javier Milei after almost
Associated Press News
Argentina's inflation slows to 8-month low in a boost for President Milei
Economic data has shown Argentina’s inflation slowing for the second straight month in May. The Thursday government report provides some welcome news for President Javier Milei after almost a year of stubbornly persistent price increases that threatened to undermine the libertarian leader’s signatur
The National Institute of Statistics and Censuses (INDEC) reported that the May 2026 inflation rate was 2.1 per cent, which implies a slowdown compared to April.
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