The annual inflation rate in Argentina accelerated for the fourth straight month to hit 60.7% in May of 2022, from 58% in the prior month and slightly above market estimates of 60.6%. It was the steepest inflation rate since January of 1992. Argentina hasn’t had single-digit inflation in at least a decade. source: Instituto Nacional de Estadística y Censos (INDEC)

Inflation Rate in Argentina averaged 191.44 percent from 1944 until 2022, reaching an all time high of 20262.80 percent in March of 1990 and a record low of -7 percent in February of 1954. This page 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. Argentina Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Inflation Rate in Argentina is expected to be 60.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Inflation Rate is projected to trend around 40.00 percent in 2023 and 20.00 percent in 2024, according to our econometric models.

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Argentina Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-12 07:00 PM Apr 58% 55.1% 57.6% 58%
2022-06-14 07:00 PM May 60.7% 58% 60.6% 59.0%
2022-07-14 07:00 PM Jun 60.7% 60.0%


Related Last Previous Unit Reference
Inflation Rate 60.70 58.00 percent May 2022
Inflation Rate Mom 5.10 6.00 percent May 2022
Consumer Price Index CPI 753.15 716.94 points May 2022
GDP Deflator 6780.40 7873.50 points Mar 2022
Producer Prices 1213.02 1154.78 points May 2022
Export Prices 207.30 191.30 points Mar 2022
Import Prices 134.40 132.60 points Mar 2022
Core Consumer Prices 779.93 741.36 points May 2022
Food Inflation 64.20 62.10 percent May 2022
CPI Transportation 810.22 763.51 points May 2022
CPI Housing Utilities 581.71 561.75 points May 2022
Core Inflation Rate 60.50 57.30 percent Apr 2022
Producer Prices Change 54.40 54.00 percent Apr 2022

Argentina Inflation Rate
The most important categories in the CPI basket in the Great Buenos Aires area are food and beverages (28.6 percent of the total weight), transport (10.4 percent) and clothing and footwear (10.4 percent). Housing and utilities (8.7 percent); health (8.2 percent); restaurants and hotels (8.1 percent); recreation and culture (7.4 percent); household maintenance and equipment (6.3 percent); alcoholic beverages and tobacco (3.8 percent); miscellaneous goods and services (3.6 percent); communication (2.9 percent) and education (1.6 percent) for the remaining. The CPI index has a base of 100 as of December of 2016 and covers the Buenos Aires metropolitan area and its 24 districts.
Actual Previous Highest Lowest Dates Unit Frequency
60.70 58.00 20262.80 -7.00 1944 - 2022 percent Monthly
2016=100