Overview

• Consumer prices rose 1.6% in June, marking a slight uptick from May’s 1.5% within a broader disinflation trend.
• Wholesale prices climbed 1.6% in June, reversing May’s deflation and rising 21.2% year-on-year.
• Construction costs slowed to a 1.3% monthly gain and recorded a 31% annual increase, remaining below headline inflation.
• Exports grew 10.8% to US$7.275 billion while imports jumped 35.9% to US$6.370 billion, yielding a US$906 million surplus.
• Argentina’s imports totalled US$19.318 billion in the second quarter, surpassing the 2018 peak by 7.2% and 14.1% excluding energy.