Inflation Argentina 2024
Average inflation: 236.8%
Current Inflation
Inflation is very high at 236.8%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 289.4%. The lowest inflation was in December at 117.8%.
- Highest month
- April: 289.4%
- Lowest month
- December: 117.8%
- Difference
- 171.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Miscellaneous goods and services with an average of 296.3%. The lowest price increase was in Clothing and footwear with an average of 168.2%.
- Highest increase
- Miscellaneous goods and services: 296.3%
- Lowest increase
- Clothing and footwear: 168.2%
Historical Context
Current inflation is 131.5% higher than the 5-year average of 105.3%. This approaches the highest level since records began (236.8% in 2024).
- 5-year average
- 105.3%
- 10-year average
- 79.8%
- All-time high (2024)
- 236.8%
- All-time low (2017)
- 24.8%
Trend
Inflation shows an upward trend. Compared to 2023, inflation has risen by +108.8 percentage point.
- Change vs. previous year
- +108.8 percentage points
- Largest monthly swing
- March: +183.6 percentage points
ECB Target
Inflation is 234.8% 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 €336.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 254.2% | +155.4 |
| February | 276.2% | +173.7 |
| March | 287.9% | +183.6 |
| April | 289.4% | +180.6 |
| May | 276.4% | +162.2 |
| June | 271.5% | +155.9 |
| July | 263.4% | +149.9 |
| August | 236.7% | +112.3 |
| September | 209.0% | +70.7 |
| October | 193.0% | +50.3 |
| November | 166.0% | +5.1 |
| December | 117.8% | -93.6 |
| Average | 236.8% |
Data source
Data from OECD. Last updated: 10/01/2026.