Argentina's inflation rate for July 2025 rose by 1.9%, according to the National Institute of Statistics and Censuses (INDEC). This increase brought the year-to-date inflation to 17.3% and the annual inflation rate to 36.6%. The inflation trend has been declining steadily since July 2024, when it peaked at 263.4%, falling month by month to 36.6% in July 2025. Meanwhile, in the United States, discussions have intensified around the impact of tariffs implemented under President Donald Trump on inflation and consumer prices. Reports indicate that tariffs are contributing to rising costs, with specific categories such as airline tickets experiencing notable price increases. For example, airline ticket prices surged by 11.6% in July 2025, which is double the increase recorded in June. Analysts and news outlets are examining how these tariffs affect grocery prices and overall inflation pressures in the U.S. economy.