Inflation in Argentina
Argentina - Inflation
National inflation steady in March, while Buenos Aires inflation dips
According to the National Statistics Institute (INDEC), national consumer prices rose 2.3% over the previous month in March, slightly below February’s 2.4% month-on-month increase. The result reflected higher prices in all 12 components of the index. In month-on-month terms, prices for education rose 13.8%, equipment and maintenance of the household 4.5%, and clothing and footwear 4.4%. The annual variation in consumer prices reached 25.4% in March, unchanged from February’s print.
National inflation is expected to be 19.7% at the end of 2018, which is up 0.4 percentage points from last month’s forecast. Inflation is projected to reach 13.7% at the end of 2019.
Data compiled by the Statistical Institute of the city of Buenos Aires showed that consumer prices in the city of Buenos Aires dipped from a 2.6% month-on-month increase in February to 2.1% in March. Inflation edged down from 26.3% in February to 25.4% in March.
The inflation data released by the Statistical Institute of the city of Buenos Aires and INDEC are not comparable, as the two index structures are not homologous. This is due to different baskets of goods, samples and data collection methodologies.
Argentina Inflation Forecast
Panelists surveyed for this month’s LatinFocus report expect inflation in the city of Buenos Aires to be 19.7% at the end of 2018, which is up 0.6 percentage points from last month’s estimate. Panelists estimate that inflation there will end 2019 at 13.6%.
Argentina - Inflation Data
|Inflation Rate (CPI, annual variation in %)||10.0||18.4||-||-||-|
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||20.20||0.45 %||Apr 20|
|Stock Market||31,162||2.26 %||Apr 20|
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April 13, 2018
According to the National Statistics Institute (INDEC), national consumer prices rose 2.3% over the previous month in March, slightly below February’s 2.4% month-on-month increase.
March 29, 2018
The monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) picked up in January.
March 29, 2018
In February, industrial production expanded 5.3% over the same month last year, according to data released by the National Statistical Institute (INDEC) on 29 March.
March 23, 2018
The Universidad Torcuato di Tella (UTDT) consumer confidence index came in at 43.8 points in March, matching the print observed in February.
March 22, 2018
According to the Statistical Institute (Instituto Nacional de Estadísticas y Censos, INDEC), economic activity in Q4 edged up from a revised 3.8% annual increase (previously reported: +4.2% year-on-year) in Q3 to 3.9%.