While June Starts with Increases, May Inflation Would Not Exceed 2%

After the April inflation will be 2.8%, which represented a deceleration of 0.9 percentage points compared to the worrying 3.7% shown in March, the majority of the private surveyors now estimate that the May rate will again fall and not exceed 2%. If so, surely the government will go out to celebrate that the year-on-year measurement will become the lowest since 2021, with an accumulated potential of 42.5% in the last twelve months. And although…

The IPC of the consultant is constructed with surveys of 130,000 prices each week. The IPC of Equilibra covers 85% of the chapters of the national IPC, while the remaining 15% is estimated by econometric models. Food and non-alcoholic beverages recorded an increase of 1.62% in May. On the other hand, meat and derivatives increased by 2.3%. On the other hand, the vegetables had a decrease of 4.4% while the fruits a decrease of 1.7%, contributing …

The government and private consultants agree that May inflation will continue to decline. BCRA highlighted the low impact of the last exchange rate movement on prices. The national government and various private consultants project that May inflation will be around 2%, which would mark a further slowdown compared to the 2.8% recorded in April. The estimate was shared by the Central Bank of the Argentine Republic (BCRA) during the CXVIII Meeting …