Producer Prices in Argentina

Argentina - Producer Prices
Inflation comes in at highest level since our records began
Consumer prices soared 7.41% from the previous month in July, accelerating from the 5.30% rise logged in June. Faster price increases for recreation and culture, furniture and household goods, restaurant and hotels and clothing and footwear were behind the acceleration.
Inflation rose to 71.0% in July from June’s 64.0%. July's figure represented the highest inflation rate since our current records began. Meanwhile, the trend pointed up, with annual average inflation coming in at 56.5% in July (June: 54.7%).
FocusEconomics panelists expect inflation to be 73.5% at the end of 2022, which is up 5.0 percentage points from last month’s forecast. Inflation is projected to moderate to 61.8% at the end of 2023.
Argentina - Producer Prices Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Inflation (PPI, annual variation in %) | 0.0 | - | - | - | - |
Argentina Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 6.69 | 0.15 % | Dec 17 |
Exchange Rate | 59.88 | 0.45 % | Dec 30 |
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Economic News
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Argentina: Inflation comes in at highest level since our records began
August 12, 2022
Consumer prices soared 7.41% from the previous month in July, accelerating from the 5.30% rise logged in June.
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Argentina: Industrial output growth loses pace in June
August 11, 2022
Industrial output grew 6.9% in year-on-year terms in June, which was a deterioration from May's 12.1% increase.
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Argentina: Industrial output growth softens in June
August 10, 2022
Industrial production rose 6.9% year on year in June (May: +12.1% yoy).
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Argentina: Central Bank hikes interest rate again in July
August 5, 2022
On 28 July, the Central Bank of Argentina (BCRA) decided to hike the LELIQ rate to 60.00% from 52.00% in a bit to tame inflation.
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Argentina: Consumer confidence plunges in July
August 4, 2022
The Universidad Torcuato di Tella (UTDT) consumer confidence index decreased to 34.7 in July from 39.1 in June.