Overview

• IPEC reported a 1.9% monthly CPI for Santa Fe in July, led by recreation (3.5%), housing and basic services (2.9%), and transport and communications (2.3%).
• The provincial index now totals 18.6% year to date and 36.6% over 12 months.
• Food and beverages rose 1.8% and clothing posted a 0.4% price decline, with sharp monthly increases in lettuce (39.5%), bananas (8.8%), potatoes (7.4%) and tomatoes (6.7%).
• Over the year, the steepest increases were in rents (143.9%), health services (71.6%), restaurant meals (64.4%) and education (59.7%).
• The provincial reading aligns with INDEC’s 1.9% national CPI for July and follows a mid-July 14% exchange-rate jump tied to central-bank liquidity moves, while private trackers report early-August food prices rising roughly 1%–3% in recent weekly readings.