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Argentina , Monday 01 June 2026

Argentina's sky-high inflation eases slightly to 5.1% in May

Published on: Tuesday 14 June 2022

Argentina's sky-high inflation eases slightly to 5.1% in May Argentina's monthly inflation clocked in at 5.1% in May, still painfully high but below expectations and slower than the two previous months as the South American grains producer battles to bring down consumer prices. The annual inflation rate, however, is expected to top 70% by the end of the year. "Although this represents a slowdown in the monthly variation, this must be weighed against annual inflation that continues to grow and will end the year above 70%," said Eugenio Mari, chief economist at Libertad y Progreso.


News source: https://finance.yahoo.com/news/argentinas-sky-high-inflation-eases-195246974.html

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