Argentina April Inflation Slows to 2.6% MoM

Argentina's consumer price inflation rose 2.6% in April versus March, marking first monthly slowdown in 11 months.
Year‑over‑year inflation eased to 32.4% in April from 32.6% in March, slightly above Bloomberg’s 2.5% median MoM estimate.
Transport costs rose 4.4% on higher fuel, education also increased; March’s 3.4% MoM spike linked to Iran oil shock.
Economy Minister Luis Caputo expects further slowdown, forecasting best months in June, while President Milei’s falling approval may improve with lower inflation.