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July 26, 2025
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Annual inflation was 3.55%, in the first half of July 2025

Annual inflation was 3.55%, in the first half of July 2025

Underlying inflation remains high

The underlying component – which excludes high -volatility goods and services – remains elevated. This index rose 0.15% biweekly and 4.25% per year, which shows that prices pressures persist, especially in services, which increased 0.24% in the fortnight.

For its part, non -underlying inflation (which includes agricultural and energy products) had an annual increase of just 1.24%, contrasting strongly with 10.64% recorded in the same 2024 period.

They upload the egg and the tacos

Among the products that most impacted up in inflation are the egg, air transport, meals in slices and taquerías, and their own housing. In contrast, chicken, grapes and diapers decreased.

Before the publication of the report, a reuters survey already anticipated this deceleration. The projections pointed to a general inflation of 3.64% and an underlying 4.30%, so official data were slightly more favorable than expected.



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