Argentina: Inflation picks up in July from June
Latest reading: Consumer prices increased 33.8% on a year-on-year basis in July, following a 33.5% rise in the prior month. July’s reading was the strongest since July 2025.
Relative to the previous month’s data, there were higher price pressures for food and non-alcoholic beverages (+34.5% in annual terms vs +34.4% in June) and housing and utilities (+48.9% vs +47.8% in June). In contrast, price pressures reduced for transportation in July (+40.9% vs +42.1% in June). Finally, the change in restaurants and hotels prices was the same as in the prior month (+36.7% in July and June).
Lastly, consumer prices increased 2.11% in July in month-on-month terms, following a 1.89% rise in the prior month.