In July there was a inflationary jump in the City of Buenos Aires that It hit the Buenos Aires middle class hardest. The Consumer Price Index (CPI) had an increase of 2.9%, well above the 1.8% in June, driven by tourist services, air tickets (which rose 21.7%), the electricity (5.9%), the quotas of the private education (4.1%) and vegetables (9%).
Thus, prices return to the March level (3%), the peak from which they had begun to decline month by month until June.
According to the Institute of Statistics and Censuses of CABA, with 2.9% last month, in the first seven months of the year inflation accumulates a rise of 19.4% and a trajectory 33.2% year-on-year. The 2.9% also exceeds the 2.5% of July 2025. However, last year there was also a jump between June and July, from 2.1 to 2.5%.
The Buenos Aires data is a antecedent of national inflation that the INDEC will report next Thursday the 13th. The consulting firms and private banks that participate in the REM (Market Expectations Survey) of the Central Bank They estimated just 2% for July, compared to 1.9% in June.
The Buenos Aires report highlights that “seasonal goods and services increased 10.9%, mainly due to increases in hotel accommodation rates for tourist reasons. Next in importance were increases in the prices of vacation packages, of the airline tickets and vegetables“.
For its part, prices regulated by the State and the Buenos Aires Government registered an increase of 3%, especially the fees of private schools (initial, primary and secondary level), in residential electricity service rates and in prepaid medicine fees. “Thus, this aggregate accelerated its pace of increase up to 41.7% year-on-year“says the Report.
The work also highlights that Restaurants and hotels, Housing, water, electricity, gas and other fuels, Transportation, Food and non-alcoholic beverages and Recreation and culture, together They contributed 2.11 points of 2.9% of the increase in the General Level.
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