Inflation in Argentina
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
|Inflation Rate (CPI, annual variation in %)||26.7||41.2||27.7||-||-|
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||59.88||0.45 %||Dec 30|
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September 8, 2022
Industrial output grew 5.1% year on year in July (June: +7.3% yoy).
August 29, 2022
The Universidad Torcuato di Tella (UTDT) consumer confidence index increased to 37.0 in August from 34.7 in July.
August 26, 2022
The monthly indicator for economic activity (EMAE) rose 6.4% year on year in June (May: +7.6% yoy).
August 26, 2022
Merchandise exports rose 7.2% year-on-year in July (June: +20.3% year-on-year).
August 12, 2022
Consumer prices soared 7.41% from the previous month in July, accelerating from the 5.30% rise logged in June.