The Consumer Price Index increased during July by 3%, 0.2 percentage points below the 3.2% of June, the National Institute of Statistics and Censuses (Indec) reported today. While remaining at very high numbers, this is the fourth month in a row of deceleration. In terms of items, Restaurants and Hotels increased by 4.8%; Health 3.8%; Food and Beverages 3.4%; Alcoholic beverages and tobacco 3.1%; Housing, water, and electricity 2.9%; Education 2.5%; among others. The Deputy Chief of Cabinet, Cecilia Todesca Bocco, affirmed that "inflation had been slowly reducing" although "slower" than the government expected, for which reason she pointed out that the initially proposed target for this year of 29% "was not achievable".