Higher import hurdles that came in at the end of June and a rise in the financial dollar and blue-chip prices since Monday, July 4, after the departure of Martin Guzmán as the Economy Ministry, accelerated the price increase. This month, which is still a few days away. Different according to forecasts analysts Consulted , The In July, inflation will be between 7 and 8%. with the ability to approximate this last number, albeit with different behavior between different elements.

In case of consultation LCG, Its executive director Guido Lorenzo said that EThey expect July to close at 8% headline inflation. According to research, they regularly implement prices Food, in the third week of the month, the increase again exceeded 2% (2.11%) and accumulated 6.2% in three weeks, which is 8.6% monthly.

“It should be noted that for the third week in a row the percentage increase of production remains over 30%. This reflects a noticeable acceleration of inertia with a reduction in re-dial time, which is equivalent to assuming that all surveyed prices are adjusted higher every three weeks,” the consultant’s report said.

For her part, Maria Castiglione, director of C&T Economic Advisors, said that the first two weeks of July give them about 7% volatility compared to the same period of the previous month, but they believe that It can be accelerated to 7-8% with different behaviors by category.

“He was worried about the first week of July Electronic products and appliances for the home, Due to restrictions on imports and the rise of the financial dollar. They also went up dairy and bakery and in the second week alcoholic beverages, hygiene products and cleaning products, Castiglioni described and explained that this is in addition to already planned growth Schools, prepaid, water and category sightseeing, for the winter holidays.

Milagros Suard, economist eco According to them, July inflation is estimated in the region 6.5%, However, he emphasized that the forecasts are becoming quite volatile this month.

“In everything that is entertainment (tickets and electronics), technology and also in communications, the prices of phones have gone up a lot. This was an immediate effect of the new import restrictions. “ noted.

how food and drink The latest retail price survey published by EcoGo shows food prices rose 1.4% in the second week of July compared to the previous seven days.

“Based on these data and the weekly variation projection of 1.2% over the next three weeks of the month, home food inflation would have picked up in July.” 5.9% monthly”, are evaluated in counseling.

what’s coming

Meanwhile, when asked about his predictions for the coming months, Castiglioni said the worrying thing is that according to what they see in his research, August would also be a month of high inflation.

“It all depends on how the landscape develops. If the financial variables stabilize, it can help us, and if not, it can hurt us. You also have a 40% increase in public transport in the Buenos Aires metropolitan area and the metro,” he stressed, adding that the removal of subsidies for electricity and gas services in September will have an impact.

“You’ve got the whole dynamic of regulated commodity prices going up Today, the annual inflation is 90%. It’s hard to think six months ago, but To get below 100%, the following months should be closer to 5% than 6%. It is unknown until the situation stabilizes,” Castiglioni concluded.

At EcoGo, they also estimate annual inflation at this time 90%