Is Argentina expensive or cheap?: How do local prices in dollars compare to the rest of the world?

Argentina experienced a decrease in local prices measured in dollars for the second consecutive month during July, according to recent data. This follows a seven-month period in which Argentine prices had gained ground compared to those in other Latin American countries.

The recent downward trend registered a 0.3 percent decrease during the month of July, reflecting a shift in how local prices compare globally and regionally in dollar terms.