The Consumer Price Index (CPI) for June stood at 3.2%, the lowest level since October 2020. However, in the cumulative first half of 2021 inflation already totals 25.3% and climbs to 50.2% in the last twelve months. The rise in prices was in line with market expectations. The most significant increases were in Communication (7%), Alcoholic beverages and tobacco (5%), Transport (3.3%), and Food and beverages (3.2%). In this category, all cuts of meat -despite the export restrictions- ended with monthly rises of up to 8% in Greater Buenos Aires. Private analysts estimate that between now and the end of the year, monthly inflation will be between 2.5% and 3%. By December, they foresee an accumulated annual rise of 48.3%.