Argentina Inflation September 2021

Argentina

Argentina: Inflation rises in September

September 15, 2021

Consumer prices rose 3.5% over the previous month in September, following the 2.5% increase logged in August and marking the highest reading in five months. In September, the sharpest increases in prices were recorded for clothing and footwear and alcoholic beverages and tobacco.

Inflation increased to 52.5% in September from August’s 51.4%, marking the highest print since January 2020. Meanwhile, annual average inflation rose to 44.3% in September (August: 43.5%).

Inflation is expected to be 49.2% at the end of 2021, which is up 0.2 percentage points from last month’s forecast. Inflation is projected to decelerate to 45.2% at the end of 2022, which is up 2.5 percentage points from last month’s estimate.


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