Argentina’s monthly consumer price index rose 2.1% in July from 1.9% in June, slightly above analyst expectations of 2% and marking a modest interruption in the recent disinflation trend. Annual inflation also accelerated, with prices rising 33.8% in the 12 months through July versus 33.5% in June, according to data from national statistics agency INDEC. Recreation and culture posted the biggest price increases, driven by more expensive holiday packages during Argentina’s winter holidays, followed by restaurants and hotels, while clothing and footwear prices fell slightly. The figures suggest disinflation remains gradual in the South American nation. Argentina’s central bank projects inflation will end the year at 29.8%, with the economy growing 2.7%.