Inflation in Argentina

Argentina Inflation | Economic News & Forecasts

Argentina - Inflation

Inflation closes 2019 at one of highest levels in close to three decades

Consumer prices rose 3.7% over the previous month in December, coming in below November’s 4.3% rise and market expectations of a 4.3% increase, according to the National Statistical Institute (INDEC).

In terms of sub-components of the index, the categories of food and non-alcoholic beverages, alcoholic beverages and tobacco, clothing and footwear and education recorded especially marked decelerations in price increases, which more than offset a notable acceleration in prices for housing and utilities and communication.

Meanwhile, inflation picked up pace, coming in at 53.8% in December (November: 52.1%). Meanwhile, annual average inflation edged up to 53.6% from 53.1% in November.

FocusEconomics panelists expect inflation to end 2020 at 41.7% and 2021 at 28.6%%.

Argentina - Inflation Data

2013   2014   2015   2016   2017  
Inflation Rate (CPI, annual variation in %)18.4  38.0  26.7  41.2  27.7  

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Argentina Inflation Chart

Argentina Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Statistical Institute (INDEC) and FocusEconomics calculations.

Argentina Facts

Value Change Date
Bond Yield6.690.15 %Dec 17
Exchange Rate59.880.45 %Dec 30

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