In September, consumer prices added 0.72% over the previous month, which was slightly down from the 0.74% price increase registered in August and came in below market expectations of a 0.80% increase. The price rise was broad-based, as all major categories but one rose over the previous month. That said, higher prices for recreation as well as for education were the main drivers behind the September rise. As the monthly increase was subdued, annual headline inflation remained stable at August's 11.1%, which was only one percentage point below the almost three-year high of 11.2% recorded in July. However, official inflation data published by the National Statistics Institute (INDEC) continue to be met with suspicion ever since a controversial change in the methodology to measure price variations was implemented over two years ago. Consumers share this more realistic assessment of inflation. According to a survey from Universidad Torcuato di Tella (UTDT), in October, Argentinean consumers' expectations on year-end inflation changed for the first time in six months. Respondents to the survey now believe that consumer prices will increase 30% over the next 12 months, after maintaining a 25% expectation during the previous five months.
Inflation stable in September
October 15, 2010
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Argentina Economic News
October 4, 2016
At its weekly meeting on 4 October, the Central Bank of the Argentine Republic (BCRA) decided to keep the 35-day Lebac interest rate unchanged at 26.75%, matching the previous week’s decision.
September 30, 2016
In August, industrial production contracted 5.7% over the same month of the previous year, according to the latest data released by the National Statistical Institute (INDEC).
September 28, 2016
In July, the monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) declined 5.9% year-on-year, which was below the 4.7% fall in June and represented the steepest contraction since July 2009.
September 28, 2016
In August, exports expanded 12.0% over the same month last year, which contrasted the 10.8% decrease seen in July and marked the highest reading since May 2013.
September 26, 2016
In August, consumer prices in the greater Buenos Aires capital area increased 0.2% over the previous month, according to recent data published by the National Statistics Institute (INDEC).