Inflation in Argentina
Argentina - Inflation
Inflation increases in October
Inflation came in at 88.0% in October, up from September’s 83.0%. October's result was the highest inflation rate since our current records began. The reading was driven by triple-digit increases in prices for clothing and footwear and restaurants and hotels, as well as by an increase of over 90% in prices for food and non-alcoholic beverages.
The trend pointed up, with annual average inflation coming in at 65.1% in October (September: 61.8%).
Finally, consumer prices rose 6.35% in October over the previous month, picking up from September's 6.17% rise.
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.
Argentina - Inflation Data
|Inflation Rate (CPI, annual variation in %)||26.7||41.2||27.7||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Argentina Inflation Chart
Source: National Statistical Institute (INDEC) and FocusEconomics calculations.
|Bond Yield||6.69||0.15 %||Dec 17|
|Exchange Rate||59.88||0.45 %||Dec 30|
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November 30, 2022
The Universidad Torcuato di Tella (UTDT) consumer confidence index decreased to 35.1 in November from 35.6 in October.
November 24, 2022
Merchandise exports plummeted 11.5% over the same month last year in October (September: -2.2% year-on-year).
November 24, 2022
The monthly indicator for economic activity (EMAE) expanded 4.8% in year-on-year terms in September, which followed August's 6.6% increase.
November 17, 2022
Inflation came in at 88.0% in October, up from September’s 83.0%.
November 9, 2022
Industrial output expanded 4.2% compared to the same month of the previous year in September, which was a deterioration from August's 7.8% increase.