Argentina inflation slows to 4.2% m/m in May
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FILE PHOTO: Consumers check products at a wholesaler in Buenos Aires, Argentina May 10, 2024. REUTERS/Irina Dambrauskas/File Photo
BUENOS AIRES (Reuters) - Argentina's monthly inflation rate stood at 4.2% in May, official data published on Thursday shows, landing below a Reuters poll forecast of 4.9% and slowing down from April's rate of 8.8%.
Inflation in the 12 months through May, meanwhile, landed at 276.4%, also below a poll forecast of 279.4%.
(Reporting by Aida Pelaez-Fernandez and Hernan Nessi; Editing by Valentine Hilaire)
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