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Argentina Inflation Falls to 1.7 Percent, Lowest in 14 Months

Housing and utilities drove the biggest price gains as clothing fell 0.6% and annual inflation eased to 33.5%, INDEC said.

  • Argentina's consumer prices rose 1.7% in August, the lowest monthly reading since June 2025, according to data reported Thursday by statistics agency INDEC.
  • The Economy Ministry declared it "the lowest inflation of the last 14 months," and President Javier Milei cheered Economy Minister Luis Caputo: "Vamooo Toto!" as the reading marked the lowest August since 2017.
  • Housing and utilities led price increases with a 2.8% rise, followed by education at 2.5% and health at 2.4%, while Economy Minister Luis Caputo noted seasonal goods fell 0.9%.
  • Annual inflation eased to 33.5%, with prices up 21.3% so far this year, while economists surveyed by the Central Bank project inflation ending 2026 near 30%.
  • Economists have cut growth forecasts for this year to 2.1% from 3.5% as construction and manufacturing output have faltered, while skeptics monitor Argentina's peso and reserves.
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Argentina reported in August an inflation of 1.7%, the lowest rising since June last year, a relief for the government of the liberal Javier Milei in the middle of a sharp fall of activity in key sectors of the economy and the record late payment in credits that affect millions of Argentines. [...] The entry Report inflation of 1.7% in August, the lowest in 14 months was first published in El Diario

The August measurement gave 1.7% and is the lowest since June 2025. The country recorded 211% year-on-year in 2023 and is currently at 33.5%. August inflation was 1.7% and marked the lowest monthly record of the last 14 months, according to the INDEC. [...] Argentina's entry achieved its lowest inflation in more than a year: how it stood in front of the rest of Latin America was first published in Leuco's newspaper.

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Bloomberg broke the news in New York, United States on Thursday, September 10, 2026.
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