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Argentina Inflation March 2023

Argentina: Inflation increases in March

Inflation came in at 104.3% in March, which was up from February’s 102.5%. March’s figure represented the highest inflation rate since our current records began.

The trend pointed up, with annual average inflation coming in at 84.8% in March (February: 80.7%).

Finally, consumer prices rose 7.68% over the previous month in March, picking up from the 6.63% increase recorded in February.

FocusEconomics panelists expect inflation to be 90.5% at the end of 2023, which is up 1.9 percentage points from last month’s forecast. Inflation is projected to moderate to 68.2% at the end of 2024.

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