Argentina Inflation October 2021

Argentina

Argentina: Inflation slides in October

November 12, 2021

Consumer prices increased 3.52% over the previous month in October, slowing down from September's 3.55% increase. In October, the sharpest increases in prices were recorded for clothing and footwear, healthcare and restaurants and hotels.

Inflation came in at 52.1% in October, down from September’s 52.5%. Meanwhile, the trend pointed up, with annual average inflation coming in at 46.0% in October (September: 44.8%).

Inflation is expected to be 47.9% at the end of 2022, which is up 2.7 percentage points from last month’s forecast. Inflation is projected to decelerate to 36.7% at the end of 2023.


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Argentina Inflation October 2021

Note: Annual and monthly var. of Buenos Aires consumer price index in %.
Source: Argentina National Statistical Institute (INDEC).


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