Consumer prices in Argentina rose by 4.2% from the previous month in May 2024, showing a deceleration from the 8.8% increase in the prior month, falling below market forecasts of a 4.9% rise and marking the softest increase since January 2022. The slower pace of price growth was observed across various sectors, including housing and utilities (2.5% vs. 35.6% in April), transportation (4% vs. 6.3%), restaurants and hotels (5.5% vs. 7.3%), food and non-alcoholic beverages (4.8% vs. 6%), health (0.7% vs. 9.1%), communication (8.2% vs. 14.2%), education (7.6% vs. 8.6%), and clothing and footwear (3.5% vs. 9.6%). On an annual basis, consumer prices surged by 276.4% in May, marking the first disinflation after eleven consecutive months of price increases and easing from 292.2% in the previous month. source: Instituto Nacional de Estadística y Censos (INDEC)

The Consumer Price Index in Argentina increased 4.20 percent in May of 2024 over the previous month. Inflation Rate MoM in Argentina averaged 3.99 percent from 2014 until 2024, 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 July of 2024.

The Consumer Price Index in Argentina increased 4.20 percent in May of 2024 over the previous month. Inflation Rate MoM in Argentina is expected to be 6.00 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 MoM is projected to trend around 4.00 percent in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-05-14 07:00 PM
Inflation Rate MoM
Apr 8.8% 11% 9% 9.0%
2024-06-13 07:00 PM
Inflation Rate MoM
May 4.2% 8.8% 4.9% 6%
2024-07-12 07:00 PM
Inflation Rate MoM
Jun 4.2% 6.0%


Related Last Previous Unit Reference
Consumer Price Index CPI 6073.72 5830.23 points May 2024
Core Consumer Prices 6188.67 5965.89 points May 2024
Core Inflation Rate 277.30 292.20 percent May 2024
CPI Housing Utilities 4623.36 4509.36 points May 2024
CPI Transportation 6544.31 6293.90 points May 2024
Export Prices 186.40 186.60 points Mar 2024
Food Inflation 289.40 293.00 percent May 2024
GDP Deflator 61932.40 40515.10 points Mar 2024
Import Prices 134.60 132.60 points Mar 2024
Inflation Rate YoY 276.40 292.20 percent May 2024
Inflation Rate MoM 4.20 8.80 percent May 2024
Producer Prices 9478.05 9096.44 points May 2024
Producer Prices Change 287.10 296.70 percent May 2024

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
4.20 8.80 25.50 0.20 2014 - 2024 percent Monthly
NSA, 2016=100


News Stream
Argentina Inflation Eases the Most in Over 2 Years
Consumer prices in Argentina rose by 4.2% from the previous month in May 2024, showing a deceleration from the 8.8% increase in the prior month, falling below market forecasts of a 4.9% rise and marking the softest increase since January 2022. The slower pace of price growth was observed across various sectors, including housing and utilities (2.5% vs. 35.6% in April), transportation (4% vs. 6.3%), restaurants and hotels (5.5% vs. 7.3%), food and non-alcoholic beverages (4.8% vs. 6%), health (0.7% vs. 9.1%), communication (8.2% vs. 14.2%), education (7.6% vs. 8.6%), and clothing and footwear (3.5% vs. 9.6%). On an annual basis, consumer prices surged by 276.4% in May, marking the first disinflation after eleven consecutive months of price increases and easing from 292.2% in the previous month.
2024-06-13
Argentina Inflation Rises Below Estimates to 8.8% MoM
Consumer prices in Argentina rose by 8.8% from the previous month in April 2024, showing a deceleration from the 11% increase in the prior month and falling below market forecasts of a 9% rise. The slower pace of price growth was observed across various sectors, including transportation (6.3% vs. 13% in March), restaurants and hotels (7.3% vs. 8.3%), food and non-alcoholic beverages (6% vs. 10.5%), health (9.1% vs. 12.2%), alcoholic beverages and tobacco (5.5% vs. 12.3%), communication (14.2% vs. 15.9%), education (8.6% vs. 52.7%), and clothing and footwear (9.6% vs. 10.9%). Conversely, prices accelerated notably for housing and utilities (35.6% vs. 13.3%). On an annual basis, consumer prices surged by 289.4% in April, the highest increase since February 1991 and accelerating from 287.9% in the previous month.
2024-05-14
Argentina Inflation Rises Below Estimates to 11% MoM
Consumer prices in Argentina increased by 11% from the previous month in March 2024, slowing from 13.2% in the prior month and falling below market forecasts of a 12% rise. Prices rose at a slower pace for transportation (13% vs 21.6% in February), restaurants and hotels (8.3% vs 11.2%), food and non-alcoholic beverages (10.5% vs 11.9%), health (12.2% vs 13.6%), alcoholic beverages and tobacco (12.3% vs 17.7%), housing and utilities (13.3% vs 20.2%) and communication (15.9% vs 24.7%). On the other hand, prices accelerated for education (52.7% vs 9.9%) and clothing and footwear (10.9% vs 7.2%). On an annual basis, consumer prices surged by 287.9% in March, the most since April 1991 and accelerating from 276.2% in the previous month.
2024-04-12