Argentina Inflation January 2021


Argentina: Inflation rises in January

February 12, 2021

Consumer prices surged 4.00% over the previous month in January, matching the jump logged in December and marking the joint-fastest increase in over one year. In January, the sharpest increases in prices were recorded for communication, restaurants and hotels and for food and beverages.

Inflation increased to 38.5% in January from December’s 36.1%, marking the fastest print in five months. Annual average inflation fell to 41.5% in January (December: 42.7%).

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 January 2021

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

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