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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 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 for an 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%, though 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 amid wage negotiations.
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Argentina recorded monthly inflation of 1.7 per cent in August, the lowest in 14 months, and aroused the government’s euphoria. However, revenues remain below the cost of living rise. Sputnik spoke to consumers and traders to learn about their perception.

The August inflation was 1.7 percent, the lowest in fourteen months. At the same time, 44% of those who work do so in black, the private wage is still below 2023 and a family needs $1.6 million to avoid being poor. The government has an economic program that works. What it doesn’t have is a social program. And the difference between the two is paid at work.

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