Argentina: Inflation comes in at highest level since our records began
August 12, 2022
Consumer prices soared 7.41% from the previous month in July, accelerating from the 5.30% rise logged in June. Faster price increases for recreation and culture, furniture and household goods, restaurant and hotels and clothing and footwear were behind the acceleration.
Inflation rose to 71.0% in July from June’s 64.0%. July's figure represented the highest inflation rate since our current records began. Meanwhile, the trend pointed up, with annual average inflation coming in at 56.5% in July (June: 54.7%).