Inflation slowed sharply in CABA and was 1.7% in August

Inflation slowed sharply in CABA and was 1.7% in August
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The Buenos Aires CPI showed a marked moderation compared to July, when it had recorded an increase of 2.9%

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The data also represents a continuation of the deceleration trend compared to the previous month. In July, the national Consumer Price Index had shown an increase of 2.1%, with a cumulative of 19.3% for the year and a year-on-year variation of 33.8%.

Among the components that explained the behavior of the IPCBA during August, various divisions of the Buenos Aires basket stood out. Together, Housing, water, electricity, gas, and other fuels; Food and non-alcoholic beverages; Health; and Transportation contributed 1.16 percentage points to the variation of the General Level.

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Inflation in CABA
Inflation in CABA

The behavior of Seasonal goods and services was also notable, which recorded an average decline of 2.9% during the month, driven by decreases in tourist accommodation and vacation packages. In year-on-year terms, this grouping marked a variation of 20.2%.

The evolution of prices also showed moderate increases in the main aggregates. Goods increased by 1.6% in August, while services advanced by 1.8%. In the cumulative of 2026, goods recorded an increase of 17.2% and services of 24%.

In year-on-year terms, goods reached a variation of 28.5%, while services reached 36.2%.

Thus, the result of August consolidated a strong signal of inflation slowdown in the City of Buenos Aires, with a monthly record of 1.7% and a difference of 1.2 percentage points compared to July.

The inflation in the City of Buenos Aires showed a strong slowdown during August and stood at 1.7%, according to the Consumer Price Index of the City of Buenos Aires (IPCBA).

The result represents a marked decline compared to the 2.9% recorded in July and shows a favorable signal regarding the evolution of prices.

With the August data, the IPCBA accumulated an increase of 21.5% during the first eight months of 2026, while the year-on-year variation reached 33.3%.

Inflation in August
Inflation in August

The Buenos Aires record was known before the publication of the national index corresponding to August. In that scenario, market expectations also pointed to a new decrease in monthly inflation.

According to the latest Market Expectations Survey (REM) from the Central Bank (BCRA), the median of projections had placed August inflation at 1.7%, exactly in line with the result reported for the City of Buenos Aires.