Argentina's monthly inflation likely ticked up to 1.9% in June, according to the median forecast of a Reuters poll, after May's rise marked the lowest monthly increase since 2020. The month of May had marked the smallest monthly increase in five years for South America's No. 2 economy, with consumer prices rising just 1.5%, data from the official INDEC statistics agency showed, as the government of President Javier Milei works to tame painful price hikes. For June, estimates from 15 local and foreign analysts ranged from 1.4% to 2.0%.