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Argentina's monthly inflation rate decreased to 4% in July from 5.2% in June, with a 12-month rate of 263.4%.
Argentina's monthly inflation rate slowed to 4% in July, down from 5.2% in June, according to official data.
The 12-month inflation rate stood at 263.4%, the highest globally, surpassing the poll forecast of 263%.
This marks the lowest level of monthly inflation in President Javier Milei's tenure, and although it is a decrease, Argentina's high annual inflation rate remains a concern.
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La tasa de inflación mensual de Argentina disminuyó al 4% en julio, frente al 5,2% en junio, con una tasa de 12 meses del 263,4%.