Argentine President Javier Milei celebrating falling inflation rates to 2.6% in April
Argentine President Javier Milei celebrating falling inflation rates to 2.6% in April
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April inflation falls to 2.6% as Milei hails the data

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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%.

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Initial reactions on X show widespread celebration among Milei supporters, praising the 2.6% April inflation as the lowest in months and proof of successful fiscal policies. Some posts note skepticism about approval rating drops or claims that inflation may rise again. Diverse accounts include libertarian users and political commentators.

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Illustration showing Colombia's February 2026 inflation at 5.29%, with easing trend chart, food and education price symbols, and Central Bank target.
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Colombia's inflation eases to 5.29% in February 2026

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The National Administrative Department of Statistics (Dane) reported that Colombia's annual inflation for February 2026 was 5.29%, a slight slowdown from January's 5.35%. The monthly Consumer Price Index (CPI) variation stood at 1.08%, driven by rises in education and food. This figure remains above the Central Bank's target range of 3%.

Economy Minister Luis Caputo projected that March inflation will exceed 3%, driven by oil impacts and educational seasonality. The official INDEC data will be released on Tuesday, April 14, at 4 p.m. Caputo assured that disinflation and economic growth will begin from April.

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Dane reported the consumer price index recorded an annual variation of 5.68% in April, above March's 5.56%.

Indonesia's April 2026 inflation stood at 0.13 percent monthly and 2.42 percent annually. Finance Minister Purbaya Yudhi Sadewa said maintaining fuel subsidies successfully curbed energy sector inflation spikes. BPS explained non-subsidiized fuel price hikes had minimal impact.

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The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for February 2026 rose 0.3% month-over-month and remained at 2.4% year-over-year, matching economist expectations. Core CPI, excluding food and energy, increased 0.2% monthly and stayed at 2.5% annually. While inflation showed stability before the recent U.S.-Israel-Iran war, surging oil prices are expected to push future readings higher.

The latest Relevamiento de Expectativas de Mercado (REM) from the Banco Central has raised inflation expectations for March and the rest of 2026. Consultancies forecast 3.0% for March, with an annual projection of 29.1%. They also updated estimates for the dollar, GDP, and unemployment.

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An analysis by ITESO's Business School shows Mexico's food basket cost rose 67% from August 2018 to March 2026, outpacing general inflation of 45%. In urban areas, it increased from 1,500 to 2,571 pesos per person monthly. This hike particularly impacts low-income households.

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