Consumer prices in Argentina rose 2.9% month-on-month in January 2026, following a 2.8% increase in December and above expectations of 2.5%. Prices slowed for recreation and culture (1.0% vs. 2.5% in December), but accelerated for restaurants and hotels (4.1% vs. 3.2%), while housing, water, electricity, gas and other fuels eased (3.0% vs. 3.4%) and communication picked up (3.6% vs. 3.3%). Prices rose more slowly for transportation (1.8% vs. 4.0%), and clothing and footwear turned negative (-0.5% vs. 1.1%). Alcoholic beverages and tobacco rose less sharply (1.5% vs. 2.8%), and home equipment and maintenance moderated (1.8% vs. 2.0%). Food and non-alcoholic beverage prices accelerated to 4.7% (vs. 3.1% in December). On a year-on-year basis, consumer prices climbed 32.4% in January, up from 31.5% in December, continuing the modest pickup in inflation after the disinflationary trend earlier in 2024. source: Instituto Nacional de Estadística y Censos (INDEC)

The Consumer Price Index in Argentina increased 2.90 percent in January of 2026 over the previous month. Inflation Rate MoM in Argentina averaged 3.81 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 February of 2026.

The Consumer Price Index in Argentina increased 2.90 percent in January of 2026 over the previous month. Inflation Rate MoM in Argentina is expected to be 1.90 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 3.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-13 07:00 PM
Inflation Rate MoM
Dec 2.8% 2.5% 2.5% 2.2%
2026-02-10 07:00 PM
Inflation Rate MoM
Jan 2.9% 2.8% 2.5% 2.5%
2026-03-12 07:00 PM
Inflation Rate MoM
Feb 2.9% 2.8%


Related Last Previous Unit Reference
Consumer Price Index CPI 10413.03 10121.37 points Jan 2026
Core Consumer Prices 10665.85 10392.49 points Jan 2026
Core Inflation Rate 33.40 33.10 percent Jan 2026
Core Inflation Rate MoM 2.60 3.00 percent Jan 2026
CPI Housing Utilities 10879.72 10561.76 points Jan 2026
CPI Transportation 10909.23 10712.08 points Jan 2026
Export Prices 178.90 179.50 points Dec 2025
Food Inflation 35.90 32.20 percent Jan 2026
GDP Deflator 1226480.00 107372.60 points Sep 2025
Import Prices 127.10 130.00 points Dec 2025
Inflation Rate YoY 32.40 31.50 percent Jan 2026
Inflation Rate MoM 2.90 2.80 percent Jan 2026
Producer Prices 13981.20 13764.40 points Jan 2026
Producer Prices Change 27.70 28.00 percent Jan 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
2.90 2.80 25.50 0.20 2014 - 2026 percent Monthly
NSA, 2016=100

News Stream
Argentina Inflation Accelerates in January
Consumer prices in Argentina rose 2.9% month-on-month in January 2026, following a 2.8% increase in December and above expectations of 2.5%. Prices slowed for recreation and culture (1.0% vs. 2.5% in December), but accelerated for restaurants and hotels (4.1% vs. 3.2%), while housing, water, electricity, gas and other fuels eased (3.0% vs. 3.4%) and communication picked up (3.6% vs. 3.3%). Prices rose more slowly for transportation (1.8% vs. 4.0%), and clothing and footwear turned negative (-0.5% vs. 1.1%). Alcoholic beverages and tobacco rose less sharply (1.5% vs. 2.8%), and home equipment and maintenance moderated (1.8% vs. 2.0%). Food and non-alcoholic beverage prices accelerated to 4.7% (vs. 3.1% in December). On a year-on-year basis, consumer prices climbed 32.4% in January, up from 31.5% in December, continuing the modest pickup in inflation after the disinflationary trend earlier in 2024.
2026-02-10
Argentina Inflation Accelerates in December
Consumer prices in Argentina rose 2.8% month-on-month in December 2025, following a 2.5% increase in November and above expectations of 2.5%. Prices accelerated for recreation and culture (2.5% vs 2.4% in November), restaurants and hotels (3.2% vs 2.7%), housing, water, electricity, gas and other fuels (3.4% vs 3.4%), and communication (3.3% vs 2.7%). Prices also rose faster for transportation (4.0% vs 3.0%), clothing and footwear (1.1% vs 0.5%), alcoholic beverages and tobacco (2.8% vs 1.2%) and home equipment and maintenance (2.0% vs 1.1%). Food and non-alcoholic beverage prices rose to 3.1% from 2.4%. On a year-on-year basis, consumer prices rose 31.5%, up slightly from 31.4% in November, continuing the modest pickup in inflation after the disinflationary trend earlier in 2024.
2026-01-13
Argentina Inflation Picks Up in November
Consumer prices in Argentina rose 2.5% month-on-month in November 2025, following a 2.3% increase in October and slightly above expectations of 2.4%. Prices accelerated for recreation and culture (2.4% vs 1.6% in October), restaurants and hotels (2.7% vs 2.2%), housing, water, electricity, gas and other fuels (3.4% vs 2.8%) and communication (2.7% vs 2.2%). Meanwhile, prices slowed for transportation (3.0% vs 3.5%), clothing and footwear (0.5% vs 2.4%), alcoholic beverages and tobacco (1.2% vs 2.4%) and home equipment and maintenance (1.1% vs 1.6%). Food and non-alcoholic beverage prices rose to 2.4% from 2.3%. On a year-on-year basis, consumer prices rose 31.4%, up slightly from 31.3% in October, the first acceleration since the sharp disinflationary trend began in early 2024 and above expectations of 30.9%.
2025-12-11