Inflation Argentina 2026
Average inflation: 33.1%
Inflation in 2026
Inflation is very high at 33.1%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 33.8%. The lowest inflation was in January at 32.4%.
- Highest month
- July: 33.8%
- Lowest month
- January: 32.4%
- Difference
- 1.4 percentage points
- Months with data
- 9 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 46.7%. The lowest price increase was in Clothing and footwear with an average of 12.6%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 46.7%
- Lowest increase
- Clothing and footwear: 12.6%
Historical Context
Inflation is 69.5 percentage points lower than the 5-year average of 102.6%.
- 5-year average
- 102.6%
- 10-year average
- 71.6%
- All-time high (2024)
- 236.8%
- All-time low (2017)
- 24.8%
Trend
Over the period 2024-2026, inflation shows a downward trend. Compared to 2025, inflation has fallen by 11.4 percentage points.
- Change vs. previous year
- -11.4 percentage points
- Largest monthly swing
- January: -52.1 percentage points
ECB Target
Inflation is 31.1 percentage points 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 ARS 100 this year will cost approximately ARS 133.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2025 |
|---|---|---|
| January | 32.4% | -52.1 |
| February | 33.1% | -33.8 |
| March | 32.6% | -23.3 |
| April | 32.4% | -14.9 |
| May | 33.2% | -10.3 |
| June | 33.5% | -5.9 |
| July | 33.8% | -2.8 |
| August | 33.5% | -0.1 |
| September | 33.4% | +1.6 |
| Average | 33.1% |
Data source
Data from OECD. Last updated: 16/10/2026. Not all months available yet.