Inflation in Argentina
Argentina - Inflation
Inflation declines to lowest level since June in December
Consumer prices rose 3.84% from the previous month in December, coming in above the 2.53% rise recorded in November. December's result marked the most pronounced increase in eight months. In December, the sharpest rises in prices were recorded for restaurants and hotels, alcoholic beverages and tobacco and transport
Inflation came in at 50.9% in December, down from November’s 51.2%. December's reading represented the weakest inflation rate since June. Annual average inflation rose to 48.4% in December (November: 47.3%).
Inflation is expected to be 47.9% at the end of 2022, which is up 2.7 percentage points from last month’s forecast. Inflation is projected to decelerate to 36.7% at the end of 2023.
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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January 21, 2022
Merchandise exports jumped 85.9% over the same month last year in December, following November’s 37.6% increase.
January 14, 2022
Consumer prices rose 3.84% from the previous month in December, coming in above the 2.53% rise recorded in November.
January 7, 2022
Industrial production expanded 10.1% year-on-year in November (October: +4.4% yoy).
January 3, 2022
Merchandise exports increased 37.0% over the same month last year in November, following October’s 46.8% jump.
January 3, 2022
The Universidad Torcuato di Tella (UTDT) consumer confidence index dropped to 37.8 in December from 39.7 in November, marking the weakest reading in five months.