Overview

• The national consumer price index rose by 1.6% in June, slightly above May’s 1.5% but below most private forecasts of around 1.9–2.0%.
• Regulated prices increased 2.2% while core inflation excluding volatile items reached 1.7% and seasonal goods fell by 0.2%.
• Education costs climbed 3.7% and housing and utilities added 3.4%, in contrast to a modest 0.6% rise in food and non-alcoholic beverages.
• Inflation varied widely across provinces, with Ciudad Autónoma de Buenos Aires at 2.1%, Gran Buenos Aires at 2.0% and Cuyo at 1.0%, underscoring regional differences.
• Annual inflation slowed to 39.4% and first-half price growth totaled 15.1%, reflecting a continued but uneven disinflation trajectory.