Argentina's National Institute of Statistics and Censuses (INDEC) released the inflation rate for July amid currency volatility and rising interest rates. The Consumer Price Index (CPI) increased by 2.7% in July, driven primarily by higher costs in electricity and gasoline. The underlying inflation rate rose slightly to 2.3%, remaining below the general CPI. Concurrently, the Ministry of Economy plans to conduct a major debt auction to renew approximately 15 trillion pesos in maturing bonds, offering seven bonds denominated in pesos and one in dollars. This auction is critical as the government seeks to manage its debt amid economic uncertainty. Additionally, the reference index for rental updates rose by 2.15% in July. Market participants are closely watching the inflation data and debt auction outcomes, given the recent dollar appreciation and interest rate increases.