Buenos Aires, July 2026. For the third consecutive month, inflation in the Autonomous City of Buenos Aires gave a respite, although Argentines’ pockets continue to suffer. The Buenos Aires Institute of Statistics and Censuses confirmed this Thursday that the Consumer Price Index for June stood at 1.8%, a drop of 0.3 percentage points compared to the 2.1% recorded in May.
The figure is not minor: for the first time since August last year, the indicator managed to break through the 2% floor. However, the categories that hit families hardest show no let-up. Housing, food, health, transportation, and home maintenance were again the main drivers of the increase, in a basket that offers no relief.
So far this year, prices have accumulated a 16% rise in the City, while the year-on-year measurement — compared to June 2025 — soared to 32.6%. Numbers that, for the average citizen, translate into increasingly eroded purchasing power.
Private consulting firms already project that national inflation, which Indec will release next Tuesday, could be in a similar range, although they warn that pressure on food and public services will remain the Achilles’ heel of the economy.
“The slowdown is mild and should not be celebrated as a triumph. We are still far from real stability,” said analysts from the consulting firm EcoGo, who estimate a national CPI between 2% and 2.3% for June. Meanwhile, the Fundación Libertad y Progreso projects 2.1% monthly, while C&T Asesores Económicos forecasts 2%.
The Buenos Aires data is often a preview of what will happen at the national level, although it is not always an exact correlation. The housing category, which includes rents, condominium fees, and utility rates, had the greatest impact on the June index, with an increase close to 3% monthly. It is followed by food and beverages, with rises in dairy, meats, and baked goods.
The national government, meanwhile, insists that inflation is on a downward path, but the year-on-year numbers — exceeding 30% — show that the battle against price increases is far from won. In the corridors of the Casa Rosada, they assure that the June data will confirm the downward trend, but the most critical economists warn that inflationary inertia remains high and that any fiscal or monetary relaxation could trigger prices again.
For the residents of the City, the reality is different: wages are insufficient and prices offer no respite. While officials congratulate themselves on the “slowdown,” pockets continue to feel the impact of a semester that accumulated a 16% increase.
Para mí este 1,8% es puro verso gorila, maquillaje de los ricos para festejar mientras el salario se va al carajo. Yo creo que la inflación porteña no refleja el hambre popular, esto huele a ajuste disfrazado. ¡Aguante la lucha obrera, carajo!
para mi 1,8% es una joda se desacelero un pingo el curro K sigue choreando mientras nosotros la remamos 32,6% anual y festejan estos hdp milei ya los va a limpiar a todos