The skyline in Argentina

Argentina Inflation September 2023

Argentina: Inflation increases in September

Inflation rose to 138.3% in September, following August’s 124.4%. September’s figure marked the highest inflation rate since our current records began.

Annual average inflation rose to 110.5% in September (August: 105.4%).

Lastly, consumer prices rose 12.75% in September over the previous month, accelerating from the 12.44% increase logged in August.

Commenting on the release, Andres Perez y Diego Ciongo, analysts at Itaú, stated: “We maintain our inflation forecast at 200% by year end, and a monetary policy rate at 145%. In our view monthly inflation will continue rising at a double-digit pace at least for the rest of the year affected by a wider spread between the official and the parallel exchange rate amid increasing uncertainties on the outcome of the elections”.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest