Argentina Monthly Inflation Slows to 2.6 Percent in April
Argentina reported a monthly inflation rate of 2.6% for April, down from 3.4% in March despite rising fuel costs and sector-wide increases. Annual price growth edged lower to 32.4% as transportation and education costs led the month's changes while food prices saw smaller gains.
Xurve View
Xurve View
Argentina monthly inflation fell to 2.6% in April from 3.4% in March, according to data from national statistics agency INDEC. The figure slightly exceeded the 2.5% forecast but marks the first monthly slowdown in almost a year. President Milei's disinflation efforts face headwinds from rising fuel costs tied to the Iran conflict and mid-term election concerns.
