Inflation in Mendoza was 1.7% in May, the second lowest figure of the year.

In May , inflation in Mendoza was 1.7%, according to a survey published by the Directorate of Statistics and Economic Research (DEIE) . The cumulative increase for the year is 11.9%, while the year-on-year increase reached 41.6%. Meanwhile, the national CPI (Indec) was 1.5%, the lowest price index in the last five years.

Analysts had already anticipated this, and the data confirmed it: May inflation broke the 2% threshold and hit a new low since July 2020. Among the factors explaining this slowdown are the readjustment of prices following the lifting of the exchange rate controls and the relative stability of the exchange rate.

According to the Market Expectations Survey (REM) prepared by the Central Bank, the monthly inflation projection for May was 2.1%, which represented a 0.7 percentage point drop compared to the previous forecast. However, the official index ended up being even lower, consolidating a downward trend in prices.

Nationally, the May figure was the lowest since the 1.9% recorded in July 2020, and is also the lowest since President Javier Milei took office.

In Mendoza, the Directorate of Statistics and Economic Research (DEIE) reported that the Consumer Price Index (CPI) for May registered a 1.0% increase compared to December 2024, reaffirming the inflationary slowdown at the provincial level.

The Consumer Price Index (CPI) for May in Mendoza showed a general slowdown in inflation, although some items maintained above-average increases. According to the official report, the sectors that registered the largest increases were Clothing, with a 4.7% rise, and Education, which grew 4.1% compared to the previous month.

Meanwhile, Medical Care and Health Expenses increased by 3.5%, while Other Goods and Services increased by 1.8%, bringing them closer to the overall average.

Below the monthly average, Food and Beverages stood out, with an increase of 1.2%, as did Home Equipment and Maintenance. Meanwhile, Recreation registered a 1.0% increase, while Transportation and Communications (0.6%) and Housing and Basic Services (0.2%) were the categories with the smallest variation in May.

The report also reviews price trends in previous months. In April, Mendoza had shown a significant change in inflation compared to March. The most striking example was the Recreation sector, which went from a deflation of -6.8% in March to a 13% increase in April, marking the sharpest change between the two months. Also notable was the performance of Other Goods and Services, which rose from 0.8% to 4.4% over the same period.

Food and beverages, one of the categories with the greatest impact on the CPI due to their proportion in the basic basket, also showed a moderation: from 5.2% in March, it fell to 3.5% in April, representing a slowdown of 1.7 percentage points. This decline could be related to a certain stability in fresh or seasonal products, although it remains a sensitive area for daily consumption.

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