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Argentina Inflation Slowed to Lowest Level Since Last August
Consumer prices rose 1.9% from May, below economist estimates, as annual inflation edged up to 33.5%, Indec said.
- Argentina's inflation slowed to 1.9% last month, the lowest level since August, marking three consecutive months of decelerating price increases in what officials called a 'victory' for President Javier Milei.
- Milei achieved this milestone following a sharp surge earlier this year caused by an Iran war-related energy shock that disrupted the economy and triggered price pressures.
- Core inflation reached 1.6%, with seasonal costs for vegetables and tourism rising ahead of Southern Hemisphere winter holidays, beating the 2% median estimate from Bloomberg economists.
- The slowing price increases follow recent rating upgrades from Fitch Ratings and Global Ratings, moving Argentina closer to regaining access to international capital markets.
- Economists surveyed by the Central Bank now forecast a 30% year-end inflation rate for 2026, down from 30.5% in previous expectations, suggesting sustained disinflation momentum.
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43 Articles
43 Articles
Last June's 1.9% monthly was supported by a slowdown in increases in meat and dairy; the value of the fruit also fell sharply
·Vicente López, Argentina
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According to private estimates, if the updated basket that the economic equipment chose not to implement had been used, the CPI would have been higher than reported yesterday by Indec.
·Buenos Aires, Argentina
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Argentina's inflation slows to 1.9% in June, lowest monthly rate in 10 months
Inflation in Argentina slowed for the third consecutive month in June, coming in at 1.9%, according to the National Institute of Statistics and Censuses (INDEC). It was the lowest monthly figure since August 2025 and the first time this year that the index dropped below the 2% threshold. Year-on-year, prices rose 33.5%, while the first-half cumulative figure reached 16.8%.
·Caracas, Venezuela (Bolivarian Republic of)
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Coverage Details
Total News Sources43
Leaning Left3Leaning Right4Center3Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 30%
C 30%
R 40%
Factuality
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