The Consumer Price Index in Argentina increased 1.50 percent in May of 2020 over the previous month.

Inflation Rate Mom in Argentina averaged 2.45 percent from 2014 until 2020, reaching an all time high of 6.50 percent in April of 2016 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 July of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Inflation Rate Mom in Argentina is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Argentina to stand at 2.50 in 12 months time. In the long-term, the Argentina Inflation Rate MoM is projected to trend around 2.00 percent in 2021 and 1.00 percent in 2022, according to our econometric models.

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Argentina Inflation Rate MoM

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.50 6.50 0.20 2014 - 2020 percent Monthly
NSA, 2016=100

Calendar GMT Actual Previous Consensus TEForecast
2020-03-12 07:00 PM Feb 2% 2.3% 2.5%
2020-04-15 07:00 PM Mar 3.3% 2% 2.7%
2020-05-14 07:00 PM Apr 1.5% 3.3% 1.8% 2%
2020-06-11 07:00 PM May 1.5% 1.5% 1.6% 1.8%
2020-07-15 07:00 PM Jun 1.5% 1.7%
2020-08-13 07:00 PM Jul 1.9%
2020-09-16 07:00 PM Aug 2.1%
2020-10-14 07:00 PM Sep 2.3%

News Stream
Argentina Inflation Rate Unchanged at 1.5% MoM
The monthly inflation rate in Argentina remained unchanged at 1.5 percent in May 2020, slightly below market expectations of 1.6 percent. Demand-side pressures remained subdued due to the national lockdown to curb the pandemic. Inflation for food & non-alcoholic beverages prices was significantly lower (0.7 percent vs 3.2 percent in April), whereas prices clothing & footwear jumped by 7.5 percent after climbing 1.5 percent. Meanwhile, education prices dropped 0.4 percent after decreasing 1.5 percent in April, while prices for communication increased 0.3 percent after declining 4.1 percent in the month, while prices for utilities edged up 0.1 percent after standing still. On an annual basis, the inflation rate was 43.4 percent compared to 45.6 percent, falling for the fifth straight month.
Argentina Inflation Rate Slows to 1.5% MoM
The monthly inflation rate in Argentina declined sharply to 1.5 percent in April 2020 from 3.3 percent in March, below market expectations of 1.8 percent. Softer decline was mainly explained by subdued demand-side pressures due to the national lockdown to curb the pandemic. The increase was mainly explained by a decrease in inflation for food & non-alcoholic beverages prices (3.2 percent vs 3.9 percent in March). Meantime, education prices dropped 1.5 percent after soaring 17.5 percent in March, while prices of clothing & footwear rose by 1.5 percent after climbing 4.2 percent. Also, prices for communication declined 4.1 percent in the month and prices for utilities remained unchanged. On an annual basis, the inflation rate was 45.6 percent compared to 48.4 percent, falling for the fourth straight month.
Argentina Inflation Rate Climbs to 3.3% MoM
The monthly inflation rate in Argentina increased to 3.3 percent in March 2020 from 2 percent in January. The increase was mainly explained by a rise in food & non-alcoholic beverages prices (3.9 percent vs 2.7 percent in February), particularly vegetables, and tomato. Meantime, education prices soared 17.5 percent after climbing 1.4 percent, while prices of clothing & footwear rose by 4.2 percent (vs 2.4 percent). In contrast, prices of restaurants & hotels increased 2.2 percent after rising 3.1 percent, possibly explained by lower demand as the coronavirus outbreak curbed social consumption. On an annual basis, the inflation rate was 48.4 percent compared to 50.3 percent in the previous month, the lowest in more than a year.
Argentina Monthly Inflation Rate Eases to Over 2-Year Low in February
The monthly inflation rate in Argentina fell to 2 percent in February 2020 from 2.3 percent in January. It was the lowest monthly inflation rate since July last year, due to a slowdown in cost of food & non-alcoholic beverages (2.7 percent vs 4.7 percent in January); restaurants & hotels (3.1 percent vs 4.2 percent); miscellaneous goods & services (2.4 percent vs 3.1 percent); and recreation & culture (2.2 percent vs 5 percent). Meanwhile, prices rose further for transport (1.6 percent vs 1.5 percent); clothing & footwear (2.4 percent vs 1.1 percent); communication (2.3 percent vs 0.1 percent) and education (1.4 percent vs 0.5 percent). Also, cost rebounded for health (0.4 percent vs -2 percent) and furnishings & household equipment (2.1 percent vs -1.3 percent); and inflation was steady for housing & utilities (at 0.6 percent). On an annual basis, the inflation rate was at 50.3 percent, the lowest in over a year.

Argentina Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.