The monthly inflation rate in Argentina jumped by 4.5 percent in March of 2021, the fastest pace since the end of 2019, following a 3.6 percent gain in February and well above analyst forecasts of 4.1%. Prices advanced faster for food & non-alcoholic beverages (4.6 percent vs 3.8 percent in February) and recreation & culture (5.3 percent vs 2.3 percent). Meanwhile, transport cost eased (4.2 percent vs 4.8 percent). On an annual basis, consumer prices increased 42.6 percent in March after a 40.7 percent jump in the previous month, also above expectations. source: Instituto Nacional de Estadística y Censos (INDEC)
Inflation Rate Mom in Argentina averaged 2.55 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 May of 2021.
Inflation Rate Mom in Argentina is expected to be 4.00 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 3.00 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.