Household debt delinquency in Argentina continued its upward trajectory in May, approaching the 13% threshold according to the latest data from the Central Bank of the Argentine Republic (BCRA).
The figure, reported at 12.8%, underscores the ongoing financial pressure on Argentine families amid a prolonged period of economic adjustment and high inflation.
Despite the rise in non-performing loans, the BCRA indicated that the pace of deterioration has shown signs of moderation.
The central bank’s assessment suggests that the most acute phase of the credit stress may have passed, even as absolute levels of delinquency remain elevated.
This nuanced view aims to balance the grim reality of rising defaults with the expectation that stabilization measures are beginning to take effect.
Corporate delinquency rates also increased during the same period, reflecting broader economic headwinds affecting businesses across the country.