Inflation drops to 1.9% in June, the lowest figure in a year

Inflation in Argentina in June dropped to 1.9%, according to a report published on Tuesday by the National Institute of Statistics and Censuses (INDEC). This figure marks the third consecutive decline following Aprils 2.6% and Mays 2.1%. Furthermore, it is the first time in ten months that the inflation rate has fallen below the 2% threshold.  It is also the lowest figure since the 1.6% recorded in June 2025. Core inflation, meanwhile, stood at 1.6%, representing a significant slowdown from the previous months 1.9%. It is also the lowest figure since July of last year. Prices rose 33.5% year-over-year, while cumulative inflation so far in 2026 stands at 16.8%. This is a developing story. Check back for updates.