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Argentina: Inflation drops to lowest level since December 2020 in July
Latest reading: Inflation eased to 36.6% in July, below June’s 39.4%. July’s figure marked the weakest inflation rate since December 2020 and was due to weaker price pressures across a range of subsectors.
Annual average inflation fell to 82.8% in July (June: 96.0%).
Lastly, consumer prices increased 1.90% in July over the previous month, accelerating from the 1.62% increase seen in June but in line with market expectations.
