Argentina Inflation April 2021

Argentina

Argentina: Inflation climbs further in April

May 14, 2021

Consumer prices rose 4.1% over the previous month in April, following the 4.8% increase logged in March, which had marked the fastest increase in 18 months. In April, the sharpest increases in prices were recorded for clothing and footwear, transport and food and non-alcoholic beverages.

Inflation increased to 46.3% in April from March’s 42.6%, logging the highest print since March 2020. Meanwhile, annual average inflation inched up to 40.3% in April (March: 40.2%).

FocusEconomics panelists project inflation to end 2021 at 48.0%, which is up 1.3 percentage points from last month’s estimate, and 2022 at 36.6%.


Author: Massimo Bassetti, Senior Economist

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Argentina Inflation Chart


Argentina Inflation April 2021

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


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