Inflation in August was 1.9% and has accumulated 19.5% so far in 2025.

The latest inflation data was released, and as expected, it remained stable and without much variation across the divisions. The August index reached 1.9% and accumulated 19.5% in the first seven months of 2025, the National Institute of Statistics and Census ( INDEC ) reported this Wednesday. The figure remained unchanged from July.

In the year-on-year comparison, the Consumer Price Index ( CPI ) registered a 33.6% increase, representing the sixteenth consecutive month of deceleration compared to the same month last year. This year-on-year downward trend has been sustained since the beginning of 2024, partly due to the higher comparison base and a moderation in the pace of increases in some key sectors of the economy.

The official report indicated that the category that grew the most in July was Transportation , with a rise of 3.6% . This category's performance was influenced by increases in Vehicle Acquisitions and Fuels. Alcoholic Beverages and Tobacco came in second, with a 3.5% increase, driven by the increase in tobacco.

At the other end of the spectrum, the smallest increases were recorded in Recreation and Culture (0.5%) and Clothing and Footwear (-0.3%). These sectors showed more stable performance during August, partly due to the absence of significant increases in internal taxes and the lesser pressure on clothing from the winter season.

Following the figures for the eighth month of the year, Economy Minister Luis Caputo highlighted on social media that inflation was "below 2% monthly for the fourth consecutive month," something that had not occurred since 2017.

"Core inflation was 2%, while seasonal and regulated goods and services increased by -0.8% and 2.7%, respectively," he mentioned. He also highlighted that the monthly variation for the Basic Food Basket and the Total Basic Basket, relevant for calculating the extreme poverty and indigence lines, was 1%.