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 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 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.
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.
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.
In December 2024, the inflation rate of food and non-alcoholic beverages in Argentina increased by 94.7 percent compared to the same month from the previous year.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for INFLATION RATE MOM reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Indeks Harga Konsumen di Argentina meningkat 2,20 persen pada bulan Januari 2025 dibanding bulan sebelumnya. Nilai saat ini, data historis, perkiraan, statistik, grafik dan kalender ekonomi - Argentina - Tingkat Inflasi Bulanan.
Through the time frame displayed, there has been an all-embracing increase in the Consumer Price Index (CPI) for apparel and footwear in Argentina. Clothing and footwear was one of the sectors with the highest inflation rate in Argentina in December 2023.
From December 2016 to January 2025, there has been a rapid increase in the Consumer Price Index (CPI) for transport in Argentina. Having a more of steady growth until 2022 when it got more of an exponential growth, thus ending with an index of over 8,217 in January 2024.
In 2024, the average online order value (AOV) in Argentina amounted to 92,341 Argentine pesos. According to the source, that is an increase of about 176 percent compared to the previous year. In 2024, Argentina's inflation rate was forecast to surpass 220 percent.
Argentina had the highest annual inflation rate of G20 member countries as of April 2024, reaching an annual average of 250 percent. The Latin American country has struggled with high inflation over several years. Elsewhere, the inflation rate in Turkey reached almost 60 percent, while it was lowest in China at one percent.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
قیمتهای هستهای مصرفکننده در آرژانتین در ژانویه ۲۰۲۵ نسبت به ماه مشابه سال قبل ۷۵ درصد افزایش یافت. ارزش های فعلی، داده های تاریخی، پیش بینی، آمار، نمودار و تقویم اقتصادی - آرژانتین - اندازه اصل تورم.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Wskaźnik inflacji w Argentynie spadł do 84,50 procent w styczniu z 117,80 procent w grudniu 2024 roku. Aktualne wartości, dane historyczne, prognozy, statystyki, wykresy i kalendarz ekonomiczny - Argentyna - Inflacja.
Through the time frame displayed, there has been an overall increase in the Consumer Price Index (CPI) for energy in Argentina in all regions. Having an exponential growth in the values in the first quarter of 2022 in all regions, at the end of the report the Northeast registered the highest price increase with an index of 11,834.1.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
During the time frame displayed, there has been an exponential growth in the Consumer Price Index (CPI) for recreational and cultural activities in Argentina, with a most prominent growth in the second half of 2023 ending with an index of over 6,988 in December 2024.
In 2025, advertising spending in the presented 24 Latin American and Caribbean markets will collectively amount to an estimated 43.94 billion U.S. dollars, of which 18.89 billion dollars (around 43 percent) will come from Brazil alone. Mexico will follow with 10.88 billion dollars, while Argentina rounded up the top three with almost 3.51 billion dollars. Advertising in Brazil According to another source's projections, Brazil's ad expenditure is set to continue to expand as the 2020s unfold. That study projected that, after a double-digit boom in 2024, growth rates would decelerate in the following years. Thus, the Brazilian ad industry was expected to increase by little more than five percent in 2025. The Mexican ad market Ad revenues in Mexico were also predicted to keep their upward trajectory since the pandemic, rising by nearly 40 percent between 2021 and 2024, according to another source's forecasts. Mexico ranked among the fastest-growing Latin American ad markets in 2024, only behind Argentina – whose inflation rate tends to push expenditures further – and Brazil.
The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In the Argentine capital, the prices in June 2024 were 1.294.53 percent higher when compared to 2021.
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.