Argentina June inflation forecast below 2% as base effects ease monthly pressure

Consultancies project a sharp deceleration in monthly price growth, though the annual rate continues to climb. The data point arrives as utility bill hikes weigh on household purchasing power.

By Handelsavisen Newsroom · Automated 2026-07-09 19:03 UTC · 1 min read

Argentina’s June inflation is expected to register below the 2 percent monthly mark, according to forecasts from local consultancies.

Estimates place the figure between 1.8 percent and 1.9 percent, with one outlier projection at 2.1 percent.

The deceleration is largely attributed to base effects from the previous year, which are easing the pressure on the monthly headline number.

Despite the monthly slowdown, the annual inflation rate is projected to rise further.

This divergence highlights the persistent underlying price pressures in the economy, even as the month-over-month pace of inflation moderates.

The data underscores the complex dynamics of Argentina’s disinflation path, where short-term relief does not immediately translate into lower annual burdens for consumers.