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Argentina Inflation Tumbles to Five-Year-Low 1.5% in Boost for Milei

  • Argentina's inflation rate dropped to 1.5 percent in May 2025, marking the lowest monthly increase in nearly five years.
  • This slowdown followed a period of very high inflation exceeding 150 percent annually after Javier Milei took office as president in December 2023.
  • Milei's government implemented measures including exchange rate adjustments, but inflation pressures remained due to multiple economic factors and a stalled recovery.
  • Consumer prices rose 1.5 percent in May, down from 3.7 percent in March and 2.8 percent in April, with overall annual inflation forecasted at 28.6 percent for 2025.
  • The May inflation drop suggests some easing of price pressures but economists warn that Argentina's economy still faces significant challenges and inflation risks.
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Analysis by Emiliano Giménez, CNN en Español It is often said that a country or region experiences an “economic miracle” when it achieves high levels of Gross Domestic Product (GDP) growth for a specific period, usually a few years. Due to various factors—such as active policies that boost the levers of a productive apparatus, a good legacy that solidifies over time, external conditions that favor development or the effect of a shock policy, or …

·Idaho Falls, United States
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The 1.5% recorded in May was not seen five years ago, but with an economy paralyzed due to the quarantine of the Covid-19. The data that is worth comparing is that of November 2017: since then, inflation has been on the steady rise.

·Chile
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  • 55% of the sources are Center
55% Center
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elCanciller broke the news in on Thursday, June 12, 2025.
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