Inflation in Argentina rose to 2.1% in July, according to a report published on Thursday by the National Institute of Statistics Agency (INDEC).

The figure marks a break from June’s 1.9% reading and the end of the slowdown in inflation observed over the previous three months.

The reading is therefore in line with the 2.1% recorded in May 2026.

Core inflation, meanwhile, stood at 1.8%, a slight increase from 1.6% the previous month.

Even so, excluding the June figure, it is the lowest reading since July last year.