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%.

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%.

Consumer prices in Argentina rose 2.9% month-on-month in February 2026, following a 2.9% increase in January and above expectations of 2.7%. Prices accelerated for recreation and culture (2.3% vs. 1.0% in January), but slowed for restaurants and hotels (3.0% vs. 4.1%), while housing, water, electricity, gas and other fuels accelerated (6.8% vs. 3.0%) and communication eased (1.8% vs. 3.6%). Prices rose more quickly for transportation (2.0% vs. 1.8%), and clothing and footwear turned flat (0.0% vs. -0.5%). Alcoholic beverages and tobacco rose less sharply (0.6% vs. 1.5%), and home equipment and maintenance accelerated (2.6% vs. 1.8%). Food and non-alcoholic beverage prices slowed to 3.3% (vs. 4.7% in January). On a year-on-year basis, consumer prices climbed 33.1% in February, up from 32.4% in January, continuing the modest pickup in inflation after the disinflationary trend earlier in 2024.