Argentina Inflation Rate

Last Release

Nov 30, 2024

Actual

166

Units In

193

Frequency

Monthly

Next Release

Jan 14, 2025

Time to Release

1 Months 1 Days 19 Hours

Highest	Lowest	Average	Date Range	Source
20,262.8 Mar 1990	-7 Feb 1954	190.48 %	1944-2024	N/A

The most important categories in the CPI basket in the Great Buenos Aires area are food and beverages (28.6 percent of the total weight), transport (10.4 percent) and clothing and footwear (10.4 percent). Housing and utilities (8.7 percent); health (8.2 percent); restaurants and hotels (8.1 percent); recreation and culture (7.4 percent); household maintenance and equipment (6.3 percent); alcoholic beverages and tobacco (3.8 percent); miscellaneous goods and services (3.6 percent); communication (2.9 percent) and education (1.6 percent) for the remaining. The CPI index has a base of 100 as of December of 2016 and covers the Buenos Aires metropolitan area and its 24 districts.

Latest Updates

Consumer prices in Argentina rose by 2.4% month-on-month in November 2024, down from a 2.7% increase in October. It marked the lowest reading since mid-2020 and came below market expectations of 2.8%. Costs slowed for food and non-alcoholic beverages (0.9% vs. 1.2% in October), housing and utilities (4.5% vs. 5.4%), clothing and footwear (1.9% vs. 4.4%), health (2.9% vs. 3.6%), communication (1.5% vs. 2.1%), and restaurants and hotels (3.6% vs. 4.3%). Conversely, prices accelerated for transportation (3.4% vs. 1.2%) and education (5.1% vs. 3.5%). On an annual basis, consumer prices surged by 166% in November, marking the seventh consecutive month of disinflation and the year’s softest increase, down from 193% in October and broadly in line with forecasts.