Indec Says Argentina's Inflation in May Stood at 1.5%
- In May 2025, Argentina’s inflation rate rose by 1.5%, representing the smallest monthly increase recorded in nearly five years.
- In December 2023, President Javier Milei assumed office with a commitment to reduce government expenditures and enforce stricter fiscal management to combat inflation.
- In May, the yearly inflation rate decreased to 43.5%, a significant drop from the 211% recorded at the close of 2024, while the economy grew by 6.1% in the first quarter of 2025.
- The Central Bank forecasts annual inflation of 28.6% for 2025, the lowest since 2017, with poverty dropping to 34.7% between late 2024 and mid-2025.
- The reduced inflation and economic growth have boosted Milei’s government and gained IMF support via a $20 billion loan package.
62 Articles
62 Articles
Argentina’s Inflation Plummets to Five-Year Low as Milei’s Austerity Bites
Argentina’s official statistics agency, INDEC, reported that consumer prices rose just 1.5% in May 2025, marking the lowest monthly inflation since May 2020. This sharp drop comes after years of triple-digit inflation and signals a significant shift in the country’s economic landscape. Annual inflation slowed to 43.5% in May, down from 47.3% in April and […]
Argentina's monthly inflation rate slowed to a more than five-year low of 1.5 percent in May, a rate that will give President Javier Miel's government a boost in its efforts to break the country's long-standing record of hyperinflation, Reuters reported.
Indec says Argentina's inflation in May stood at 1.5%
Argentina's Consumer Price Index (CPI) recorded a 1.5% increase last month, the National Institute of Statistics and Census (Indec) announced Thursday. It was the lowest monthly inflation rate since May 2020 and closer to 1.4% from November 2017.
Inflation continues to slow down in Argentina. Official data reported on Thursday indicate that the Consumer Price Index (CPI) rose by 1.5% last May. Year-on-year inflation was 43.5% and, as of 2025, prices increased by 13.3%. This is the same monthly value reached in May 2020, at the beginning of the pandemic. “The lowest inflation of the last five years,” celebrated Javier Milei’s government. Continue reading
CNN Radio Argentina (CNN Radio Argentina) – Economist Camilo Tiscornia spoke this Thursday with Regreso CNN, hosted by Mariana Arias and Pepe Gil Vidal, about the May inflation reported by INDEC (National Institute of Statistics and Census). The official agency reported that the overall Consumer Price Index (CPI) registered a monthly increase of 1.5% in May 2025, and accumulated a variation of 13.3% for the year. In the year-on-year comparison, …
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