Although inflation was last month at 1.5% for the first time in five years, seven sectors were above average.
The inflation of May It was 1.5%, The slightest data in the last five years. Despite this Seven sectors were located above averagewhile the one who advanced the most in the month was communicationwhich rose 4.1%, for increases in the service rates of telephony and Internet. This day was also known that the prices of the food basket fell in May, for the first time from the pandemic.
Beyond communication (+4.1%), headed the podium of the greatest increases inside the sectors restaurants and Hotels (3.0%), for the risks in premises and meals outside the home. In fact, this division was the most incidence in the regions GBA, Pampeana and whose with the 3%.
Instead, in Northeast and Northwest The highest incidence was recorded in Non -alcoholic foods and drinks (+0.5%)while Patagonia was Housing, water, electricity, gas and other fuels (+2.4%).
A Contragoan, the two divisions that registered the minor variations in May with respect to the previous month were Non -alcoholic food and drinks (+0.5%) and Transport (+0.4%).
Why did inflation slowly decelerate?
The CPI marked 1.5% in May, its lowest level since July 2020. “What helped this data? LSeasonal prices fell -2.7% and regulated ones rose only 1.3%, pushing the general index down“They stressed from Balanz.
For his part, Claudio Capraulo, director of Analytica, said: “Retail inflation in May rose 1.5%, almost half compared to April. Argentine greengroces are the best ally of the consumer, fruits -1.7% in GBA while vegetables -9.8%. Opposite sidewalk +7.2% and restaurants +3% “.
“May IPC surprises with a 1.5% variation that is lower than estimates. Since 2017, only 2017 and 2018 were better in the accumulated YTDalthough today the expectations indicate that 2025 would end the lower accumulated variation between the periods of the series, “he said Andrés Reschini of F2 Financial solutions.
Source: Ambito
