La inflación de julio fue del 1,9% a pesar de la suba del dólar

In this video, I analyze the latest inflation data for July and, towards the end, the debt auction on a "Super Wednesday" with large maturities: Will there be surplus pesos? 00:13 Introduction 00:30 Monthly data in line with private projections 01:15 The lowest annual inflation since January 2021 01:54 Is the July data good or bad? 02:55 Core inflation: the lowest since 2018 04:12 Poverty and extreme poverty baskets below inflation 05:01 Why did inflation accelerate? 07:30 What is the so-called "pass-through"? 09:29 Is there a pass-through if the money supply doesn't grow? 10:43 What was the price transition of the dollar's rise in July? 12:13 Will there be a higher pass-through rate in August? 14:04 Why was the pass-through rate so low in July? 16:28 Can it be issued without increasing inflation? 18:16 The Super Wednesday of maturities left AR$6 trillion on the street.