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Argentina’s Inflation Rebounds Slightly | Argentina News
Argentina’s inflation edged up to 2.1% in July, reversing a three-month slowdown and matching May’s level, while year-over-year inflation remains stubbornly high at 33.8%. Seasonal spikes—driven by veggies and travel—pushed prices up 4.5%, and regulated goods rose 2.1% due to transport and insurance hikes. Recreation surged 5%, but clothing dropped 1.3%—the biggest monthly fall since 2016, likely fueled by imports and weaker consumer demand. Core inflation ticked to 1.8%, hinting at underlying cooling despite monthly swings. Economists expect a slow, uneven decline ahead, with annual…
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