The monthly inflation rate in Argentina edged lower to 3.2 percent in June 2021 from 3.3 percent in the previous month and slightly below market expectations of 3.3 percent. Price increases were recorded for food and non-alcoholic beverages (3.2 percent vs 3.1 percent in May); transport (3.3 percent vs 6.0 percent); clothing and footwear (3.5 percent vs 2.1 percent); housing and utilities (2.5 percent vs 2.0 percent); health (3.2 percent vs 4.8 percent); restaurants and hotels (3.1 percent vs 3.7 percent): recreation and culture (2.2 percent vs 3.1 percent); household maintenance and equipment (3.2 percent vs 2.4 percent); alcoholic beverages and tobacco (5.5 percent vs 1.6 percent); and miscellaneous goods and services (2.0 percent vs 2.9 percent). On a yearly basis, consumer prices jumped 50.2 percent in June, the largest increase since February 2020. source: Instituto Nacional de Estadística y Censos (INDEC)
Inflation Rate Mom in Argentina averaged 2.58 percent from 2014 until 2021, reaching an all time high of 6.50 percent in April of 2016 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 2021.
Inflation Rate Mom in Argentina is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Argentina to stand at 2.00 in 12 months time. In the long-term, the Argentina Inflation Rate MoM is projected to trend around 2.00 percent in 2022 and 1.00 percent in 2023, according to our econometric models.