Argentina’s Inflation Crept Back Up to 2.1% in July
Economy: Argentina Key Facts —The print. Consumer prices rose 2.1% in July 2026, up from 1.9% in June — the first re-acceleration in months, the INDEC statistics agency reported on August 13. —The stack. Inflation totals 19.3% for January–July and 33.8% year-on-year — far from the zero-comma monthly readings President Javier Milei promised for 2026. […] The post Argentina’s Inflation Crept Back…
Argentina's inflation rate increased to 2.1% in July 2026, according to the INDEC statistics agency. This marks the first acceleration in months, with consumer prices rising from 1.9% in June. The overall inflation rate stands at 19.3% for the period from January to July, and 33.8% year-on-year, far from the zero-comma monthly inflation President Javier Milei had promised for 2026.
Core inflation rose to 1.8%, while seasonal prices surged by 4.5%, primarily driven by recreation and culture, which saw a 5% increase. Wholesale prices, however, remained relatively stable, with the IPIM index increasing only 0.8% in July. The wholesale index has been steadily decreasing, reaching its lowest point since May 2025, and the lowest July reading since 2019.
The central bank's REM survey predicts that Argentine inflation will reach 29.8% for the year and 21.8% over the next 12 months, with monthly readings fluctuating between 1.6% and 1.8% into January 2027. Despite the recent rise, the overall trend of disinflation appears to be slowing down.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
