Argentina recorded inflation of 2.1% in July

The inflation rate in Argentina for July was 2.1%, placing it among the countries with the highest price increases in Latin America. This rise is higher than the 1.9% recorded in June. According to INDEC, the accumulated inflation for the first seven months of 2026 reached 19.3%, while the year-on-year variation was 33.8%. The category that saw the most significant increase over the past year was Housing, water, electricity, gas, and other fuels, with a rise of 48.9%. This was followed by Transportation at 40.9% and Education at 40%. Seasonal prices rose by 4.5%, services by 3.1%, and the core CPI stood at 1.8%. In comparison, Venezuela experienced a monthly increase of 19.9%, while Peru recorded 0.29%, Colombia 0.17%, Chile 0.1%, and Brazil 0.07%. Bolivia and Paraguay reported decreases in their prices, with -0.1% and -2.79%, respectively.

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