The National Institute of Statistics and Censuses reported the consumer price index at 2.6% for April, the lowest reading in ten months.
President Javier Milei stated on his X account that inflation is returning to a downward path despite political coup attempts and an external shock.
Economy Minister Luis Caputo noted that the 2.6% figure is the lowest in five months. The year-on-year rate stood at 32.4% and the accumulated increase for the year reached 12.3%.
According to INDEC, the category with the largest increase was Transport at 4.4%, driven by fuel prices, while Food and non-alcoholic beverages rose only 1.5%.
