Argentina inflation dips in April

BUENOS AIRES - Argentina's monthly inflation rate was 2.6% in April, down from the 3.4% registered in March but slightly above analysts' forecast of 2.5% despite increases in all sectors, data from national statistics agency INDEC showed on Thursday.

In the 12 months through April prices rose 32.4%, edging below the previous month's rate of 32.6% and in line with analyst forecasts.

Transportation and Education led the month's change, with a 4.4% jump and a 4.2% bump respectively compared to the prior month.

The two sectors that recorded the smallest change in April were food and non-alcoholic beverages and recreation and culture, which saw an increase of 1.5% and 1% respectively.

On Tuesday, a Reuters poll showed analysts expected Argentina's inflation to slow in April for the first time in almost a year despite persisting consumer price pressures.

Milei's initial success at quashing inflation was interrupted in 2025 as concerns over a mid-term vote spilled to the economy.

His efforts were recently dealt a further blow by rising fuel costs resulting from the Iran war.

(Reporting by Hernan Nessi and Jorge Otaola, Writing by Iñigo Alexander, Editing by Natalia Siniawski)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 14, 2026 at 12:42 PM.