Argentina Inflation Rate Mom

Consumer prices in Argentina rose 1.5% month-on-month in May 2025, slowing from the 2.8% increase recorded in April and marking the lowest monthly inflation rate since May 2020, also falling short of market expectations for a 2.0% increase. Prices continued to rise, but at a slower pace, particularly in food and non-alcoholic beverages (0.5% vs. 2.8% in April), clothing and footwear (0.9% vs. 3.8%), and transportation (0.4% vs. 1.7%). More moderate slowdowns were seen in education (1.9% vs. 2.5%) and restaurants and hotels (3.0% vs. 4.1%). On the other hand, price increases accelerated in communications (4.1% vs. 2.8%), and rose modestly in housing and utilities (2.4% vs. 1.9%) and health (2.7% vs. 2.5%). On a year-on-year basis, consumer prices rose 43.5%, marking the 12th consecutive month of disinflation and the smallest increase since March 2021. That's down from 47.3% in May and projections of 44.2%.