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.

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 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.

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.

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 34.30 percent in July from 38.50 percent in June of 2025. This dataset provides - Argentina Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

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

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.;;

Core consumer prices in Argentina increased 42 percent in June 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 May 2025, the inflation rate of food and non-alcoholic beverages in Argentina increased by 35.5 percent compared to the same month from the previous year.

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.

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.

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.

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.

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.

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.

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.

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.

The Consumer Price Index (CPI) of housing, water, electricity, gas and other fuels in Argentina in January 2025 was 217.7 percent higher than the one registered the same month of the previous year. Year-on-year variation of prices of housing, water, electricity, and fuels has been experiencing an upward trend since September 2020. The overall inflation rate in Argentina presented a similar development since the second half of 2020.