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.