Candy store counter with a wide variety of sweets and two people making a purchase
ARGENTINA

Inflation in Córdoba reached 1.7%, the lowest in five years

From 3.4% in April to 1.7% in May, inflation continues to decline thanks to the fiscal surplus and zero issuance

Historic drop in inflation in Córdoba

The Centro de Almaceneros of Córdoba reported that  May's inflation was just 1.7%, the lowest since 2019. In April, the same indicator had been 3.4%, so May's figure represents a significant slowdown. The report reflects a notable change in price behavior at neighborhood stores.

Chart of the evolution of monthly inflation in Argentina over twelve months up to May 2025, with highlighted data on accumulated, year-on-year, annualized inflation, and the value of the basic basket for a household of four members
Evolutionary inflation chart, IETSE, Córdoba | La Derecha Diario

The figure reflects a halt in price increases

The organization highlighted that this is the lowest record in five years, marking a key turning point. The survey is conducted monthly on a basic basket in neighborhood grocery stores and self-service shops. The results are consistent with the national trend of deceleration shown by other private reports.

This way, accumulated inflation between January and May 2025 was 13.4%, a low number compared to previous years. This is complemented by the increase in real terms in wage performance that occurred between March 2024 and March 2025. In the comparison of the RIPTE index (average wage) between both periods, the improvement is substantial.

Comparative chart showing how many staple products such as roast beef, yerba mate, sunflower oil, eggs, bread, and fresh milk can be purchased with the March 2024 salary versus March 2025, indicating an increase in purchasing power across all categories.
RIPTE Performance Comparison March 2024 vs March 2025, CONINAGRO Report | La Derecha Diario

The impact of fiscal discipline

The drop in inflation is closely linked to the fiscal balance and zero issuance promoted by President Javier Milei. These policies have managed to break years of inflationary deficit financing, with visible effects on retail prices. Liberal economists point out that this is confirmation that macroeconomic stability is beginning to yield concrete results.

Casa Rosada emphasizes that the zero deficit goal remains unchanged as a core government policy. The sustained drop in inflation in provinces such as Córdoba reinforces the official narrative about the need for fiscal discipline. The Executive considers these results as support for its economic program in the face of criticism and political resistance.

Two people posing for a selfie in an interior.
Minister of Economy, Luis Caputo, together with Argentine President Javier Milei | La Derecha Diario
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