Argentina inflation slows to 1.7% in August

Argentina consumer price index (IPC) rose 1.7% in August 2026, slowing from July and marking the lowest monthly rate so far this year, according to national statistics agency Indec. The reading was the lowest since June 2025, when the monthly index stood at 1.6%. Year-to-date inflation reached 21.3%, while the 12-month change stood at 33.5%.

Core inflation, which excludes regulated and seasonal prices, rose 1.8% in August, matching the rate registered in July. While food prices tracked the headline rate at 1.7%, the basic food basket (CBA) and total basic basket (CBT) both advanced 2.6% in the month. A standard family of four required 1,605,497 Argentine pesos to stay above the poverty line and 726,469 pesos to avoid indigence.

Following the August inflation print, social security agency Anses announced an adjustment of 1.66% for retirement and pension benefits in October. The minimum pension will rise to 435,748.51 pesos, reaching 505,748.51 pesos including the 70,000 peso bonus, or 492,676.05 pesos net of healthcare contributions. The gross maximum pension will adjust to 2,932,174.85 pesos, or 2,769,316.82 pesos net.

In the city of Buenos Aires, consumer prices rose 1.7% in August after a 2.9% rise in July, bringing the city twelve-month inflation to 33.3%, according to statistical agency Idecba. Separately, consulting firm Equilibra reported that corporate loan irregularity tracked by the central bank climbed to 3.7% in July from 0.7% in November 2024.