Argentina's consumer price index rose 2.1% month-over-month in May 2026, easing from a 2.6% increase in April and coming slightly below market expectations of 2.3%. Seasonal prices posted the largest gain, rising 3.5%, driven by higher vegetable prices despite a decline in fruit prices. Regulated prices increased 2.4%, reflecting higher fuel, electricity, and water costs, while core inflation rose 1.9%, supported by increases in restaurant and catering services and pharmaceutical products. Among major categories, communication recorded the strongest increase, up 3.4% due to higher telephone service charges, followed by education, which advanced 2.9%. The smallest increases were seen in alcoholic beverages and tobacco (0.8%) and clothing and footwear (0.3%). Year-to-date inflation reached 14.7%. source: Instituto Nacional de Estadística y Censos (INDEC)

The Consumer Price Index in Argentina increased 2.10 percent in May of 2026 over the previous month. Inflation Rate MoM in Argentina averaged 3.79 percent from 2014 until 2026, reaching an all time high of 25.50 percent in December of 2023 and a record low of 0.20 percent in August of 2016. This page 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. Argentina Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Consumer Price Index in Argentina increased 2.10 percent in May of 2026 over the previous month. Inflation Rate MoM in Argentina is expected to be 2.50 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 MoM is projected to trend around 1.50 percent in 2027 and 1.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-14 07:00 PM
Inflation Rate MoM
Apr 2.6% 3.4% 2.5% 2.7%
2026-06-11 07:00 PM
Inflation Rate MoM
May 2.1% 2.8% 2.3% 2.0%
2026-07-14 07:00 PM
Inflation Rate MoM
Jun 2.1% 2.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 11607.39 11363.09 points May 2026
Core Consumer Prices 11824.72 11603.84 points May 2026
Core Inflation Rate 32.00 32.40 percent May 2026
Core Inflation Rate MoM 1.90 2.30 percent May 2026
CPI Housing Utilities 12790.08 12470.70 points May 2026
CPI Transportation 12330.50 12091.59 points May 2026
Export Prices 192.20 178.90 points Mar 2026
Food Inflation 33.40 30.90 percent May 2026
GDP Deflator 134217.00 128918.60 points Mar 2026
Import Prices 129.80 127.10 points Mar 2026
Inflation Rate YoY 33.60 32.40 percent May 2026
Inflation Rate MoM 2.10 2.80 percent May 2026
Producer Prices 15592.60 15187.60 points May 2026
Producer Prices Change 34.60 30.90 percent May 2026


Argentina Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.80 25.50 0.20 2014 - 2026 percent Monthly
NSA, 2016=100

News Stream
Argentina Inflation Rate Eases in May
Argentina's consumer price index rose 2.1% month-over-month in May 2026, easing from a 2.6% increase in April and coming slightly below market expectations of 2.3%. Seasonal prices posted the largest gain, rising 3.5%, driven by higher vegetable prices despite a decline in fruit prices. Regulated prices increased 2.4%, reflecting higher fuel, electricity, and water costs, while core inflation rose 1.9%, supported by increases in restaurant and catering services and pharmaceutical products. Among major categories, communication recorded the strongest increase, up 3.4% due to higher telephone service charges, followed by education, which advanced 2.9%. The smallest increases were seen in alcoholic beverages and tobacco (0.8%) and clothing and footwear (0.3%). Year-to-date inflation reached 14.7%.
2026-06-11
Argentina Monthly Inflation Slows in April
Consumer prices in Argentina rose 2.6% month-over-month in April 2026, easing from 3.4% in March and remaining close to forecasts of 2.5%. Regulated prices posted the largest increase, rising 4.7% amid higher transportation and electricity costs. Core CPI advanced 2.3%, supported by increases in housing rents and related expenses, as well as restaurant and dining prices. Seasonal prices were unchanged, as higher clothing prices linked to the seasonal transition were offset by declines in tourism and fruit prices. Among major categories, transport recorded the strongest monthly increase, rising 4.4% due to higher fuel prices, followed by education with a 4.2% gain. Food and non-alcoholic beverages (1.5%) and recreation and culture (1.0%) posted the smallest increases. Year-to-date inflation reached 12.3%.
2026-05-14
Argentina's CPI Accelerates in March
Consumer prices in Argentina rose 3.4% month-on-month in March 2026, up from 2.9% in February, and above forecasts of 3%. Regulated prices led gains at 5.1% on adjustments to utilities, transport, and education tariffs, followed by core inflation at 3.2% and seasonal prices at 1.0%, with tourism and clothing seasonal changes offsetting declines in vegetable and fruit prices. Education posted the largest divisional increase at 12.1%, coinciding with the start of the school year, while transport rose 4.1% driven by fuel, public transport, and airfare increases. Food and non-alcoholic beverages had the largest regional impact, particularly meat and derivatives up 6.9% in the Greater Buenos Aires area. Miscellaneous goods and services posted the smallest gains at 1.7%, followed by home equipment and maintenance at 1.3%. Year-to-date inflation reached 9.4%.
2026-04-14