Cost of food in Argentina increased 56.80 percent in December of 2019 over the same month in the previous year. Food Inflation in Argentina averaged 44.42 percent from 2017 until 2019, reaching an all time high of 66.20 percent in April of 2019 and a record low of 19.94 percent in April of 2018. source: Instituto Nacional de Estadística y Censos (INDEC)
Food Inflation in Argentina is expected to be 50.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Argentina to stand at 30.00 in 12 months time. In the long-term, the Argentina Food Inflation is projected to trend around 18.00 percent in 2020, according to our econometric models.