Overview

• Economists surveyed by Reuters expect June inflation of roughly 1.9%, rebounding from May’s five-year low of 1.5%.
• Private consultancies’ estimates for June consumer-price growth cluster between 1.8% and 2.0%.
• Data from Consultora LCG show food-price inflation averaging 1.8% over the four weeks to mid-July, with weekly gains falling to 0.3% in early July.
• Forecasts from Fundación Libertad y Progreso and other analysts project July inflation around 1.7% as currency depreciation remains modest and relative prices settle.
• Monthly swings underscore the uneven progress of disinflation under Javier Milei’s government, driven by one-off factors and tight monetary and fiscal settings.