Inflation in Argentina

Argentina Inflation | Economic News & Forecasts

Argentina - Inflation

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 - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)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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