Inflation Argentina 2020
Average inflation: 42.7%
Current Inflation
Inflation is very high at 42.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 52.9%. The lowest inflation was in November at 35.8%.
- Highest month
- January: 52.9%
- Lowest month
- November: 35.8%
- Difference
- 17.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Clothing and footwear with an average of 56.9%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of 20.5%.
- Highest increase
- Clothing and footwear: 56.9%
- Lowest increase
- Housing, water, electricity, gas and other fuels: 20.5%
Historical Context
Current inflation is 4.0% higher than the 5-year average of 38.7%.
- 5-year average
- 38.7%
- 10-year average
- 38.7%
- All-time high (2019)
- 53.6%
- All-time low (2017)
- 24.8%
Trend
Inflation shows an upward trend. Compared to 2019, inflation has risen by -10.9 percentage point.
- Change vs. previous year
- -10.9 percentage points
- Largest monthly swing
- December: -17.7 percentage points
ECB Target
Inflation is 40.7% 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 €142.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 52.9% | +3.6 |
| February | 50.3% | -1.0 |
| March | 48.4% | -6.3 |
| April | 45.6% | -10.2 |
| May | 43.4% | -13.9 |
| June | 42.8% | -13.0 |
| July | 42.4% | -12.0 |
| August | 40.7% | -13.8 |
| September | 36.6% | -16.9 |
| October | 37.2% | -13.3 |
| November | 35.8% | -16.3 |
| December | 36.1% | -17.7 |
| Average | 42.7% |
Data source
Data from OECD. Last updated: 10/01/2026.