Consumer prices in Argentina rose 1.5% month-on-month in May 2025, slowing from the 2.8% increase recorded in April and marking the lowest monthly inflation rate since May 2020, also falling short of market expectations for a 2.0% increase. Prices continued to rise, but at a slower pace, particularly in food and non-alcoholic beverages (0.5% vs. 2.8% in April), clothing and footwear (0.9% vs. 3.8%), and transportation (0.4% vs. 1.7%). More moderate slowdowns were seen in education (1.9% vs. 2.5%) and restaurants and hotels (3.0% vs. 4.1%). On the other hand, price increases accelerated in communications (4.1% vs. 2.8%), and rose modestly in housing and utilities (2.4% vs. 1.9%) and health (2.7% vs. 2.5%). On a year-on-year basis, consumer prices rose 43.5%, marking the 12th consecutive month of disinflation and the smallest increase since March 2021. That's down from 47.3% in May and projections of 44.2%. source: Instituto Nacional de Estadística y Censos (INDEC)

The Consumer Price Index in Argentina increased 1.50 percent in May of 2025 over the previous month. Inflation Rate MoM in Argentina averaged 3.91 percent from 2014 until 2025, 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 June of 2025.

The Consumer Price Index in Argentina increased 1.50 percent in May of 2025 over the previous month. Inflation Rate MoM in Argentina is expected to be 2.50 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 3.00 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-05-14 07:00 PM
Inflation Rate MoM
Apr 2.8% 3.7% 3.1% 3.5%
2025-06-12 07:00 PM
Inflation Rate MoM
May 1.5% 2.8% 2% 2%
2025-07-14 07:00 PM
Inflation Rate MoM
Jun 1.5% 2.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 8714.49 8585.61 points May 2025
Core Consumer Prices 8957.79 8765.20 points May 2025
Core Inflation Rate 44.70 46.90 percent May 2025
CPI Housing Utilities 8641.55 8435.10 points May 2025
CPI Transportation 8676.00 8644.56 points May 2025
Export Prices 185.60 181.70 points Mar 2025
Food Inflation 35.50 41.40 percent May 2025
GDP Deflator 99642.50 89694.40 points Dec 2024
Import Prices 124.90 127.90 points Mar 2025
Inflation Rate YoY 43.50 47.30 percent May 2025
Inflation Rate MoM 1.50 2.80 percent May 2025
Producer Prices 11580.15 11603.08 points May 2025
Producer Prices Change 22.20 27.60 percent May 2025

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
1.50 2.80 25.50 0.20 2014 - 2025 percent Monthly
NSA, 2016=100

News Stream
Argentina Inflation Hits Five-Year Low
Consumer prices in Argentina rose 1.5% month-on-month in May 2025, slowing from the 2.8% increase recorded in April and marking the lowest monthly inflation rate since May 2020, also falling short of market expectations for a 2.0% increase. Prices continued to rise, but at a slower pace, particularly in food and non-alcoholic beverages (0.5% vs. 2.8% in April), clothing and footwear (0.9% vs. 3.8%), and transportation (0.4% vs. 1.7%). More moderate slowdowns were seen in education (1.9% vs. 2.5%) and restaurants and hotels (3.0% vs. 4.1%). On the other hand, price increases accelerated in communications (4.1% vs. 2.8%), and rose modestly in housing and utilities (2.4% vs. 1.9%) and health (2.7% vs. 2.5%). On a year-on-year basis, consumer prices rose 43.5%, marking the 12th consecutive month of disinflation and the smallest increase since March 2021. That's down from 47.3% in May and projections of 44.2%.
2025-06-12
Argentina Inflation Slows To 2.8% In April
Consumer prices in Argentina rose by 2.8% month-on-month in April 2025 compared to the previous month, slowing from the 3.7% increase recorded in March and surpassing market expectations of a 3.1% rise. Costs fell sharply in education (2.5% vs. 21.6% in March), and more modestly in food and non-alcoholic beverages (2.8% vs. 5.9%), clothing and footwear (3.8% vs. 4.6%), and housing and utilities (1.9% vs. 2.9%). On the other hand, price increases accelerated in communications (2.8% vs. 2.5%), health (2.5% vs. 1.8%), and restaurants and hotels (4.1% vs. 3.9%). Transportation, meanwhile, remained unchanged at 1.7%. On an annual basis, consumer prices rose by 47.3% in April, marking the 11th consecutive month of disinflation and the smallest increase since April 2021. This figure is down from 55.9% in March and below forecasts of 47.7%.
2025-05-14
Argentina Inflation Rises Above Estimates to 3.7% MoM
Consumer prices in Argentina rose by 3.7% month-on-month in March 2025, accelerating from February’s 2.4% and coming in above market expectations of a 2.6% increase. Costs accelerated for education (21.6% vs. 0.5% in February), transportation (1.7% vs. 1.2%), food and non-alcoholic beverages (5.9% vs. 1.8%), and communication (2.5% vs. 2.3%), while clothing and footwear (4.6% vs. -0.7%) swung back to inflation. Conversely, price increases slowed for health (1.8% vs. 2.4%) restaurants and hotels (3.9% vs. 5.3%), housing and utilities (2.9% vs. 4.0%). Annually, consumer prices eased to 55.9% in March, marking the tenth consecutive month of disinflation and the softest increase since March 2022, down from 66.9% in February and marginally above forecasts of 54.2%.
2025-04-11