Inflation slowed last month to 2.1 percent, according to the INDEC national statistics bureau, decelerating for a consecutive month.
The news is a boost for President Javier Milei, which made tackling consumer price hikes one of the centrepieces of his administration. Overall, inflation fell by half a point from the preceding month.
According to INDEC, consumer prices have increased by 14.7 percent in the first five months of the year and have risen 33.2 percent over the past 12 months.
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