Argentina Monthly Inflation Cooled for Fourth Straight Month
- Consumer prices in April slowed to 8.8% m/m; 289.4% y/y
- Utilities, communication, clothing lead inflation categories
Shoppers browse products in a supermarket in Buenos Aires, Argentina.
Photographer: Sarah Pabst/BloombergThis article is for subscribers only.
Monthly inflation in Argentina slowed in April for the fourth straight month, dropping into single-digit territory for the first time in Javier Milei’s presidency.
Consumer prices in April rose 8.8% in April from March, in line with economists’ expectations. From a year ago, inflation accelerated a notch to 289.4%, according to government data published Tuesday.