Core consumer prices in Argentina increased 56.70 percent in December of 2019 over the same month in the previous year. Core Inflation Rate in Argentina averaged 41.50 percent from 2017 until 2019, reaching an all time high of 58.80 percent in May of 2019 and a record low of 21.12 percent in January of 2018. source: Instituto Nacional de Estadística y Censos (INDEC)
Core Inflation Rate in Argentina is expected to be 49.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Argentina to stand at 36.00 in 12 months time. In the long-term, the Argentina Core Inflation Rate is projected to trend around 18.00 percent in 2020, according to our econometric models.