Argentina Inflation April 2022

Argentina

Argentina: Inflation comes in at highest level since our records began

May 13, 2022

Consumer prices rose 6.05% in April over the previous month, slowing down from the 6.73% increase logged in March, which had marked the highest reading on record.

Inflation came in at 58.0% in April, which was up from March’s 55.1%. April's figure represented the highest inflation rate since our current records began, chiefly reflecting upside pressures steaming from the Russia-Ukraine war and an associated surge in global food and commodity prices. Annual average inflation rose to 52.3% in April (March: 51.3%).

FocusEconomics panelists expect inflation to be 63.2% at the end of 2022, which is up 6.2 percentage points from last month’s forecast. Inflation is projected to moderate to 50.7% at the end of 2023.


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Argentina Inflation April 2022

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


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