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Economics2h 4m ago

Argentina's inflation slowed for the second straight month in May, with consumer prices rising 2.1% last month compared with April, and S&P Global upgraded Argentina's sovereign credit rating.

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Buenos Aires, Argentina

Who
President Javier Milei, Economy Minister Luis Caputo, S&P Global, Manuel Adorni
What
Argentina's inflation slowed for the second straight month in May, with consumer prices rising 2.1% last month compared with April, and S&P Global upgraded Argentina's sovereign credit rating.
When
Thu, 11 Jun 2026 21:21:31 GMT · 2h 4m ago
Where
Buenos Aires, Argentina ·
Why
Economic data showed a deceleration in price increases and success in meeting debt repayments, providing positive news for the government's economic policies.
The Frontline Impact

How this affects you

The slowing inflation and credit rating upgrade offer a boost to President Milei's economic agenda, aiming to stabilize the crisis-prone economy and attract global capital, despite ongoing challenges with high annual inflation, rising unemployment, and recent corruption scandals.

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