Inflation Rate in Argentina decreased to 39.40 percent in June from 43.50 percent in May of 2025. This dataset provides the latest reported value for - Argentina Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation in Argentina was 54 percent in 2019, before falling to 42 percent in 2020. Despite Argentina's fluctuating economic instability over the twentieth century, the largest factor in its current economic status is the legacy of poor fiscal discipline left by the economic depression from 1998 to 2002. Although data is not available from 2014 to 2016, Argentina's inflation rate has been among the highest in the world for the past five years.

What causes inflation?

Inflation is a rise in price levels for all goods. Major causes of inflation include an increase in money supply, low central bank interest rates, and expectation of inflation. In a country such as Argentina, the expectation can be one of the biggest obstacles. People expect inflation to be high and demand increasing wages, and firms continue raising prices because they expect the costs of inputs to increase. Banks follow suit, charging high interest rates on fixed deposits.

Effects of inflation

Inflation negatively affects savers. 100 Argentinian pesos in 2018 was worth just under 75 pesos in 2019, after adjusting for the 34 percent inflation rate. Similarly, frequently changing prices has its own inherent cost, called “menu cost” after the price of printing new menus. Inflation will also have a positive effect on national debt when that debt is denominated in Argentinian pesos, because the pesos will be cheaper when the loan matures. However, the majority of Argentina’s debts are in foreign currency, which means that inflation will make these debts larger in peso terms.

The Consumer Price Index in Argentina increased 1.60 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Argentina Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average inflation rate in Argentina stood at approximately 219.89 percent in 2024. Between 1998 and 2024, the inflation rose by around 218.96 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The inflation is forecast to decline by about 212.39 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Inflation, consumer prices (annual %) in Argentina was reported at 53.55 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Graph and download economic data for Inflation, consumer prices for Argentina (FPCPITOTLZGARG) from 2018 to 2019 about Argentina, consumer, CPI, inflation, price index, indexes, and price.

In 2022, there has been a constant increase in the year-over-year inflation rate in Argentina, which got its lowest value in January with a **** percentage. On the contrast, the highest recorded value was in December with ****. Thus having an ** share increase approximately from the base.

Inflation, GDP deflator: linked series (annual %) in Argentina was reported at 208 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Inflation, monthly percent change in the CPI in Argentina, June, 2025 The most recent value is 1.6 percent as of June 2025, an increase compared to the previous value of 1.5 percent. Historically, the average for Argentina from January 2017 to June 2025 is 4.55 percent. The minimum of 1.2 percent was recorded in November 2017, while the maximum of 25.5 percent was reached in December 2023. | TheGlobalEconomy.com

AR: Inflation: GDP Deflator: Linked Series data was reported at 135.369 % in 2023. This records an increase from the previous number of 69.876 % for 2022. AR: Inflation: GDP Deflator: Linked Series data is updated yearly, averaging 21.615 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 2,078.317 % in 1990 and a record low of -3.561 % in 1993. AR: Inflation: GDP Deflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

The annual average consumer price index in Argentina stood at 11,835.09 points in 2024. Between 1997 and 2024, the index rose by 11,808.62 points, though the increase followed an uneven trajectory rather than a consistent upward trend. The index will steadily rise by 13,202.25 points over the period from 2024 to 2030, reflecting a clear upward trend.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.

Central Bank of Argentina: Inflation Target data was reported at 5.000 % in 2020. This records a decrease from the previous number of 10.000 % for 2019. Central Bank of Argentina: Inflation Target data is updated yearly, averaging 10.000 % from Dec 2018 (Median) to 2020, with 3 observations. The data reached an all-time high of 15.000 % in 2018 and a record low of 5.000 % in 2020. Central Bank of Argentina: Inflation Target data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.I001: Consumer Price Index: Inflation Target.

The annual end-of-period inflation rate of Argentina amounted to approximately 117.76 percent in 2024. Between 1998 and 2024, the rate rose by around 117.10 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The rate is forecast to decline by about 110.26 percentage points from 2024 to 2030, fluctuating as it trends downward.The International Monetary Fund describes this indicator as a measure of inflation based upon the year-on-year percent change in the end-of-period consumer price index (CPI). The said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period.

Argentina: Inflation forecast: The latest value from 2030 is 7.5 percent, unchanged from 7.5 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Argentina from 1998 to 2030 is 27.69 percent. The minimum value, -1.81 percent, was reached in 1999 while the maximum of 211.41 percent was recorded in 2023.

Argentina AR: Consumer Price Index (CPI): YoY data was reported at 25.109 % in 2026. This records a decrease from the previous number of 29.783 % for 2025. Argentina AR: Consumer Price Index (CPI): YoY data is updated yearly, averaging 28.577 % from Dec 1961 (Median) to 2026, with 66 observations. The data reached an all-time high of 3,079.454 % in 1989 and a record low of -1.167 % in 1999. Argentina AR: Consumer Price Index (CPI): YoY data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Argentina – Table AR.OECD.EO: Consumer and Wholesale Price Index: Forecast: Non OECD Member: Annual. CPI_YTYPCT- Headline inflation The CPI year-on-year changes is a measure of inflation

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Argentine was 43.48 pour cent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 47.3 pour cent. Compared to a year ago, we see a decrease from...

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Argentina (ARGCPALTT01GYM) from Dec 2017 to Mar 2025 about Argentina, all items, CPI, price index, indexes, and price.

Cost of food in Argentina increased 32.30 percent in June of 2025 over the same month in the previous year. This dataset provides - Argentina Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023 and through 2024, the world saw inflation rates increase amid, among other things, post-COVID-19 effects and the Russia-Ukraine war. Argentina and Turkey were both plagued by hyperinflation, with over *** and ** percent in 2024, respectively. Except for these, Russia had the highest inflation rate, at nearly ***** percent. On the other hand, China had the lowest rate of the countries included here, at *** percent. Argentinian inflation crisis During the *****, Argentina was struck by extreme levels of inflation, which severely impacted the livelihoods of Argentinians. Specifically, the costs of goods have presented numerous challenges to Argentinian consumers. In Argentina, a basic food basket that costs around ****** Argentinian pesos cost over 100,000 by February 2024. Similarly, a basic consumer goods basket that cost around ****** Argentinian pesos in February 2023 rose to over ******* by February 2024. While these rising costs have been challenging for consumers, Argentina’s inflation rate is expected to decrease beginning in 2024 and is estimated to reach ***% by 2029.

British recession Besides the outliers of Argentina and Turkey, the United Kingdom had a comparatively high CPI rate. As of 2024, the British economy has entered a recession, the only G7 country to do so. Just before the general election held in July 2024, British voters indicated that health, mostly the lack of financial support and staff shortages, as well as the economy was the most important issue to them.

Producer Price Inflation MoM in Argentina increased to 1.50 percent in June from -0.20 percent in May of 2025. This dataset includes a chart with historical data for Argentina Producer Price Inflation Mom.