Inflation in Argentina
Argentina - Inflation (end of period)
Inflation ramps up in February
According to the National Statistical Institute (INDEC), national consumer prices jumped 3.8% over the previous month in February, coming in above January’s 2.9% month-on-month increase.
February’s reading marks the second consecutive month of acceleration in month-on-month price increases. The strongest price increases were recorded for housing, water, electricity, gas and other fuels—due to planned tariff increases—and food and non-alcoholic beverages.
Meanwhile, inflation rose from January’s 49.3% to a multi-year high of 51.3% in February, while the annual average inflation increased from 35.8% in January to 38.0% in the second month of the year.
Argentina Inflation Forecast
Analysts expect inflation to end 2019 at 28.8%, unchanged from last month, and 2020 at 20.2%. .
Argentina - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||26.6||38.0||26.9||41.0||26.1|
5 years of economic forecasts for more than 30 economic indicators.
Argentina Inflation (eop) Chart
Source: National Statistical Institute (INDEC) and FocusEconomics calculations.
|Bond Yield||6.69||0.15 %||Dec 17|
|Exchange Rate||41.26||0.45 %||Mar 11|
|Stock Market||33,791||2.26 %||Mar 11|
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March 14, 2019
According to the National Statistical Institute (INDEC), national consumer prices jumped 3.8% over the previous month in February, coming in above January’s 2.9% month-on-month increase. February’s reading marks the second consecutive month of acceleration in month-on-month price increases.
March 11, 2019
The Argentine peso depreciated in the last few weeks, despite the Central Bank’s tight monetary policy stance.
March 6, 2019
Industrial production plummeted 10.8% over the same month of last year in January, according to data released by the National Statistical Institute (INDEC) on 6 March.
February 28, 2019
The monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) contracted 7.0% in annual terms in December, a somewhat softer drop than the 7.5% plunge recorded in November.
February 28, 2019
At its latest meeting held on 28 February, the Central Bank of Argentina (Banco Central de la República Argentina, BCRA) announced it would tweak its guidelines to intervene in the exchange rate market in order to intensify its fight against inflation.