Argentina Inflation December 2020

Argentina

Argentina: Inflation rises in December

January 15, 2021

Consumer prices surged 4.00% over the last month in December, above the 3.16% jump logged in November and the fastest increase in over one year. In December, the sharpest increases in prices were recorded for healthcare, recreation and culture and for transport.

Inflation increased to 36.1% in December from November’s 35.8%, which had marked the softest print since August 2018. Annual average inflation fell to 42.7% in December (November: 44.1%).

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 December 20 20

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


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