Inflation Rate in Argentina decreased to 31.30 percent in October from 31.80 percent in September 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 2.30 percent in October 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 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.

Core consumer prices in Argentina increased 33.40 percent in October 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.

In December 2024, the region in Argentina with the highest annual change in the Consumer Price Index (CPI) was the Patagonia area with ***** index points, which means that in around a year.

Inflation Rate in Argentina decreased to 31.80 percent in September from 33.60 percent in August 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 Expectations in Argentina decreased to 29.70 percent in November from 37 percent in October of 2025. This dataset provides - Argentina Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index (CPI) for dairy products in the Greater Buenos Aires region reached 10,820.2 in July 2025. This marks a dramatic increase from 7,826 just a year earlier, highlighting the rapid inflation affecting the sector. The surge in dairy prices is part of a broader trend of rising food costs across the country, impacting consumers and the industry alike. While the Greater Buenos Aires region leads in dairy product CPI, other regions are also experiencing substantial increases. For instance, the Pampeana region saw its bread and cereals CPI rise to 10,031.2 in May 2025, up from 3247.2 the previous year. These price hikes are occurring despite the relatively stable milk consumption volume. In 2022, Argentina's milk consumption reached 11.9 million metric tons, with a slight increase to 12 million metric tons projected for 2023. Despite the challenging economic environment, some dairy brands have maintained strong consumer loyalty. In 2023, La Serenísima led the market, followed by La Paulina and Ilolay. However, the industry faces headwinds, as evidenced by the industrial production index (IPI) for dairy products, which stood at 127.5 points in August 2024, representing a 6.6 percent decrease from the previous year. This decline in production, coupled with rising prices, suggests potential challenges for both consumers and producers in the Argentine dairy market.

Actual value and historical data chart for Argentina Inflation Consumer Prices Annual Percent

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 219 and 58 percent in 2024, respectively. Except for these, Russia had the highest inflation rate, at nearly eight percent. On the other hand, China had the lowest rate of the countries included here, at 0.2 percent. Argentinian inflation crisis During the 2020s, 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 26,000 Argentinian pesos cost over 100,000 by February 2024. Similarly, a basic consumer goods basket that cost around 57,000 Argentinian pesos in February 2023 rose to over 220,000 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 8.9% 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.

Time series data for the statistic Inflation_Rate and country Argentina. Indicator Definition: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.The statistic "Inflation Rate" stands at 219.88 percent as of 12/31/2024, the highest value at least since 12/31/2019, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 86.39 percentage points compared to the value the year prior.The 1 year change in percentage points is 86.39.The 3 year change in percentage points is 171.47.The 5 year change in percentage points is 166.34.The Serie's long term average value is 86.29 percent. It's latest available value, on 12/31/2024, is 133.59 percentage points higher, compared to it's long term average value.The Serie's change in percentage points from it's minimum value, on 12/31/2018, to it's latest available value, on 12/31/2024, is +185.61.The Serie's change in percentage points from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0.

Inflation, monthly percent change in the CPI in Argentina, October, 2025 The most recent value is 2.3 percent as of October 2025, an increase compared to the previous value of 2.1 percent. Historically, the average for Argentina from January 2017 to October 2025 is 4.45 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

Key information about Argentina Consumer Price Index CPI growth

• Argentina Consumer Price Index (CPI) growth was measured at 31.3 % YoY in Oct 2025, compared with a rate of 31.8 % in the previous month.
• Argentina Consumer Price Index growth data is updated monthly, available from Dec 2017 to Oct 2025, with an averaged number of 51.2 % 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.

Cost of food in Argentina increased 28.60 percent in October 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 July 2025, the Consumer Price Index (CPI) for alcoholic beverages and tobacco in Argentina reached 6,701.2. In contrast, in the same month of the previous year, the value was 5,178.8.

207.9 (%) in 2024. 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. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In Argentina, the CPI of housing, water, electricity, gas, and other fuels was the category that experienced the largest increase in October 2024 compared to the same month of the previous year, having grown 285 percentage points. It was closely followed by communications, with a year-on-year inflation rate of 257.6 percent. That same month, the overall inflation rate of Argentina stood at 193 percent, one of the largest figures registered since, at least, the beginning of 2018.

Actual value and historical data chart for Argentina Inflation GDP Deflator Linked Series Annual Percent