August 14th, 2025
1. Inflation and the basic basket of goods remained below 2% in July
The Consumer Price Index (CPI) for July 2025 rose 1.9% compared to the previous month, accumulating 17.3% so far this year and 36.6% year-on-year, according to data from INDEC. Recreation and culture was the category with the highest monthly increase, at 4.8%, driven by entertainment and tourism services during the winter break. This was followed by transportation (2.8%), due to increases in public transportation and vehicle maintenance, and restaurants and hotels (2.8%). At the other end of the spectrum, clothing and footwear fell 0.9% due to seasonal sales and promotions in the face of competition from online shopping. Food and non-alcoholic beverages increased 1.9%. Likewise, the basic food basket (CBA) and the total basic basket (CBT) registered an increase of 1.9%, matching the overall inflation rate for that month. Parity with the CPI shows that the cost of food and essential goods and services closely followed the general evolution of price levels.
Clarín: IPC de julio 2025: cuánto subió y qué se espera para agosto
2. Main destinations for some Argentine exports
According to the Rosario Stock Exchange, in the first half of 2025, Argentine exports of goods reached US$39 billion, the second-best historical record in terms of FOB value. The main export sectors were soybeans (US$8.514 billion), oil and petrochemicals (US$5.197 billion), corn (US$3.960 billion), and automotive (US$3.154 billion), along with gold and silver mining (US$2.194 billion), beef and leather (US$1.951 billion), and wheat (US$1.798 billion), reflecting an increasingly diversified export basket. The main destinations were Brazil, Chile, China, the United States, and India. By sector, India led purchases of soy products (21%), the United States and Chile accounted for more than half of oil and petrochemical products, Vietnam was the largest buyer of corn (16%), China received 42% of beef and leather, and Brazil absorbed 37% of wheat.
3. Caputo Highlights Real Estate Sector While Government Faces Debt Challenges
Economy Minister Luis Caputo spoke this Wednesday at the 15th Congress of Real Estate Developments and Investments. There, he assured that “the real estate sector is one of the most important and with the most potential in the economy” and emphasized the power of reactivation it generates. In this way, Caputo explained that the macroeconomic order “is what is giving space for the sector to flourish and for people to access their homes.” Likewise, the Government announced a new and surprising peso debt operation for next Monday after the results of the megalicitación were known, which only covered 61% of the almost 15 trillion pesos in local currency maturities.
Ministerio de Economía: Luis Caputo: “El sector inmobiliario es uno de los más importantes y con más potencial de la economía”
4. During a national address, Javier Milei defended his vetoes and accused Congress of wanting to cause “genocide”
With the goal of reclaiming the legislative agenda, President Javier Milei gave a national address to explain his vetoes of laws regarding disability emergencies, pension increases, and a retirement moratorium. The President was surrounded by his economic team and addressed the recent setbacks he had suffered in Congress. He also promised measures to “wall off the zero deficit and the monetary policy of this Government.”
5. With Milei present, LLA launches its campaign in Buenos Aires
In a clear challenge to Governor Axel Kicillof, President Javier Milei is formally launching La Libertad Avanza’s campaign today for the Buenos Aires elections on September 7. The event is taking place at Club Atenas, just 12 blocks from the provincial government’s headquarters. The President is arriving in the capital city accompanied by candidates for the eight electoral sections who are vying for seats in the legislature and the deliberative councils of 135 municipalities, which are being renewed by half in the midterm elections. The President will be joined by members of his cabinet and by Sebastián Pareja, his organizer in the province, who is set to hold a prominent spot on the list of national deputy candidates for the October 26 elections.
La nación: Milei, en La Plata: lanza la campaña bonaerense a pocas cuadras de Kicillof