Inflation Rate in Argentina decreased to 47.30 percent in April from 55.90 percent in March 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.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In Argentina, the CPI in April 2024 was 289 percent higher than the one registered the same month of the previous year, with this figure being the largest monthly inflation rate since, at least, the beginning of 2018. The Argentinian inflation rate has been experiencing a steep increase from December 2020 onwards, when the decreasing trend witnessed since December 2019 came to an end. Long history of inflation in Latin America High inflation rates are nothing new in Latin America. In 2023, the region's inflation rate was 14.41 percent, while the global average was much lower at 6.78 percent. Nonetheless, the main drivers of this are Venezuela and Argentina, both being in the upper table of countries with the highest inflation rates in the world. During the last few years, Venezuela entered a period with five-digits inflation rates, having to issue a new currency and implementing new policies to control price increases.

A history of hyperinflation During the last couple of years, inflation has been a constant among the main problems the Argentine society faces. The country returned to a three-digit inflation rate with former president Alberto Fernández, and the constant price increases took a toll on households across the board. Nevertheless, the problem is far from a recent one or the worst it's ever been, in 1989 and 1990, the inflation rate was over 2,000 percent, reaching for the status of hyperinflation. Commonly, hyperinflation is defined as price increases with over 50 percent per month.

The Consumer Price Index in Argentina increased 2.80 percent in April 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.

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.

Inflation Expectations in Argentina decreased to 38.80 percent in May from 41.30 percent in April of 2025. This dataset provides - Argentina Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average inflation rate in Argentina lies at approximately 35.91 percent in 2025.Fluctuating rise between 1998 and 2025Between 1998 and 2025 a total increase by approximately 34.98 percentage points can be observed. The data emphasizes however that this increase did not happen continuously.Fluctuating decline between 2025 and 2030The inflation will be around 7.50 percent in 2030, according to forecasts. There is an overall decrease by approximately 28.41 percentage points since 2025.This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.

Inflation, monthly percent change in the CPI in Argentina, April, 2025 The most recent value is 2.8 percent as of April 2025, a decline compared to the previous value of 3.7 percent. Historically, the average for Argentina from January 2017 to April 2025 is 4.61 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

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 June of 2025.

Argentina AR: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 135.369 % in 2023. This records an increase from the previous number of 69.876 % for 2022. Argentina AR: Inflation:(GDP) Gross Domestic ProductDeflator: 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. Argentina AR: Inflation:(GDP) Gross Domestic ProductDeflator: 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.;;

Inflation, GDP deflator: linked series (annual %) in Argentina was reported at 135 % in 2023, 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 April of 2025.

Core consumer prices in Argentina increased 46.90 percent in April of 2025 over the same month in the previous year. This dataset provides - Argentina Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Producer Price Inflation MoM in Argentina decreased to 1.30 percent in March from 2.10 percent in February of 2025. This dataset includes a chart with historical data for Argentina Producer Price Inflation Mom.

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 50.7 percentage. On the contrast, the highest recorded value was in December with 94.8. Thus having an 86 share increase approximately from the base.

Biaya makanan di Argentina meningkat 41,40 persen pada bulan April 2025 dibandingkan dengan bulan yang sama tahun sebelumnya. Halaman ini menyediakan - Inflasi Makanan Argentina - nilai aktual, data historis, ramalan, grafik, statistik, kalender ekonomi, dan berita.

Argentina inflation rate for was 0.00%, a 0% increase from .

<ul style='margin-top:20px;'>

<li>Argentina inflation rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>Argentina inflation rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>Argentina inflation rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

This statistic shows the annual average consumer price index in Argentina which amounts to approximately 16.09 thousand points in 2025.Fluctuating rise between 1997 and 2025Between 1997 and 2025 a total increase by approximately 16.06 thousand points can be observed. This increase however did not happen continuously.Continuous rise between 2025 and 2030In 2030 the index will amount to close to 25.04 thousand points, according to forecasts. Compared to 2025 that is an overall increase by approximately 8.95 thousand points. This growth reflects a steady 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.

Key information about Argentina Consumer Price Index CPI growth

• Argentina Consumer Price Index (CPI) growth was measured at 84.5 % YoY in Jan 2025, compared with a rate of 117.8 % in the previous month.
• Argentina Consumer Price Index growth data is updated monthly, available from Dec 2017 to Jan 2025, with an averaged number of 53.2 % YoY.
• The data reached an all-time high of 289.4 % YoY in Apr 2024 and a record low of 24.8 % YoY in Dec 2017.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The National Institute of Statistics and Censuses provides Consumer Price Index with base December 2016=100. [COVID-19-IMPACT]

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. During August 2024, the product category with the highest Consumer Price Index (CPI) increase compared with the previous month in Argentina was household, water, electricity, gas and other fuels with a seven percent increase. Followed by education with a 6.6 percent increase. Nonetheless, when compared with the previous year, communications registered the highest price increase with over 320 percent year-over-year. The expectation of inflation Despite Argentina’s efforts to reduce inflation, the country ranks in the top three Latin American countries with the highest rate, only with a lower figure than Venezuela and Suriname. The situation is not a recent one, the inflation rate has been reaching double digits every year since 2012, reaching over 50 percent in 2019, making the constant rising prices nothing out of the ordinary for Argentinian families. The expectation of inflation is one of the main causes of inflation with low central bank interest-rates and increases in the money supply, which helps to explain the chronic inflation of the country. Both firms and people expect inflation in their lives, workers demand increasing wages to coop with inflation, while companies increase prices of goods and services because they expect production costs to grow, creating a vicious circle in the economy. Inflation and poverty Inflation negatively affects consumers and savers alike. For the latter, 100 Argentinian pesos in 2020 was worth just under 52 pesos in 2021, after adjusting for the 48.41 percent inflation rate. For the consumers, rising prices of the basic products increase the vulnerability of the population. In January 2023, the value of the basic food basket, which establishes the extreme poverty line, stood at 23,315 pesos, more than ten times higher than during the same month in 2018. Between the first half of 2018 and the first half of 2022, the share of households under the poverty line increased by over 8 percentage points reaching 27.7 percent.

In December 2023, the region in Argentina with the highest annual change in the Consumer Price Index (CPI) was the Northeast area with 219.5 index points, which means that in around a year.