Inflation in Argentina in June dropped to 1.9%, according to a report published on Tuesday by the National Institute of Statistics and Censuses (INDEC).

This figure marks the third consecutive decline following April’s 2.6% and May’s 2.1%. Furthermore, it is the first time in ten months that the inflation rate has fallen below the 2% threshold. 

It is also the lowest figure since the 1.6% recorded in June 2025.

Core inflation, meanwhile, stood at 1.6%, representing a significant slowdown from the previous month’s 1.9%. It is also the lowest figure since July of last year.

Prices rose 33.5% year-over-year, while cumulative inflation so far in 2026 stands at 16.8%.

This is a developing story. Check back for updates.