The INDEC will publish July’s monthly inflation on August 15, which analysts forecast will be higher than June’s. For instance, raises in meat prices is one that stands out. This can be seen in the first week of August and will have an impact on monthly inflation. It’s still difficult to make a projection, but the increase in meat prices will be a key factor in August inflation”, Montano explained. Based on what they observed in the first week of the month, consulting firm Eco Go also projects a higher food inflation for August.

Source: Bueno Aires Herald August 09, 2023 14:13 UTC