US EditionArgentina: Indec says April's inflation stood at 2.8%
- Argentina's official statistics agency reported that the Consumer Price Index increased by 2.8% in April 2025, showing a decline compared to the 3.7% rise recorded in March.
- This decline came after a period of sustained inflation influenced by higher costs in food items, non-alcoholic drinks, and service sectors like dining and accommodation, with significant price increases observed in products such as meat, dairy goods, and grains.
- Core CPI Goods increased 3.2%, while Transport and Household equipment showed smaller rises of 1.7% and 0.9%, respectively, aligning with forecasts from the Central Bank and consulting firms.
- President Javier Milei praised Economy Minister Luis Toto Caputo as the greatest in history, noting that a budget surplus, regulated monetary policy, and a flexible currency rate are key factors supporting the ongoing reduction in inflation.
- The April inflation rate, the lowest year-on-year in four years at 47.3%, suggests continued stabilization and raises expectations for further disinflation in May 2025.
34 Articles
34 Articles
Pedro Pena, economist: "2.8% inflation marks a trend that must continue downward."
On CNN Radio Argentina, economist Pedro Pena analyzed the March Consumer Price Index, sales in dollars, and the elimination of tariffs on technology products. On CNN Primera Mañana, he stated that "the odd number was the one for March. That 3.7% caught our attention, and the first weeks of April already showed this trend, with most people getting close to 3, and food and beverages getting less than 3. This 2.8% marks a trend that has to go down.…
Argentina: Indec says April's inflation stood at 2.8%
Argentina's Consumer Price Index (CPI) reached 2.8% in April 2025, the National Institute of Statistics and Census (Indec) reported Wednesday in Buenos Aires, much to President Javier Milei's content and the bafflement of the population coping with an unmatching reality.
Minimum Wages and Pensions Lost Against Inflation in April
The consumer price index of April was 2.8%, representing a drop of almost a percentage point compared to March. Compared to the same month of 2024 prices grew by 47.3%, while in the year the cumulative increase is 11.6%. Minimum wages and pensions increased, in the same period, less than 6%. According to the latest report of Indec, public wages and the unregistered managed to beat inflation, but those of the registered private sector are still b…
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