Inflation Argentina 2019
Average inflation: 53.6%
Current Inflation
Inflation is very high at 53.6%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 57.3%. The lowest inflation was in January at 49.3%.
- Highest month
- May: 57.3%
- Lowest month
- January: 49.3%
- Difference
- 8.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Health with an average of 63.4%. The lowest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 38.6%.
- Highest increase
- Health: 63.4%
- Lowest increase
- Alcoholic beverages, tobacco and narcotics: 38.6%
Historical Context
Current inflation is 16.2% higher than the 5-year average of 37.4%. This approaches the highest level since records began (53.6% in 2019).
- 5-year average
- 37.4%
- 10-year average
- 37.4%
- All-time high (2019)
- 53.6%
- All-time low (2017)
- 24.8%
Trend
Inflation shows an upward trend. Compared to 2018, inflation has risen by +19.8 percentage point.
- Change vs. previous year
- +19.8 percentage points
- Largest monthly swing
- May: +31.0 percentage points
ECB Target
Inflation is 51.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €153.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 49.3% | +24.3 |
| February | 51.3% | +25.9 |
| March | 54.7% | +29.3 |
| April | 55.8% | +30.3 |
| May | 57.3% | +31.0 |
| June | 55.8% | +26.3 |
| July | 54.4% | +23.2 |
| August | 54.5% | +20.1 |
| September | 53.5% | +13.0 |
| October | 50.5% | +4.6 |
| November | 52.1% | +3.6 |
| December | 53.8% | +6.2 |
| Average | 53.6% |
Data source
Data from OECD. Last updated: 10/01/2026.