Argentina's monthly inflation fell from 25.5% to 1.9%
Monthly change in Argentina's consumer price index, national, last month of each quarter, Dec 2023–Sep 2026.
Prices rose 25.5% in December 2023 alone; in September 2026 they rose 1.9%.
Annual inflation (December to December) fell from 211.4% in 2023 to 117.8% in 2024 and 31.5% in 2025.
Prices were still up 33.4% year on year in September 2026, even with monthly inflation at 1.9%.
the numbers
| Monthly inflation (%) | |
|---|---|
| Dec 2023 | 25.5 |
| Mar 2024 | 11.0 |
| Jun 2024 | 4.6 |
| Sep 2024 | 3.5 |
| Dec 2024 | 2.7 |
| Mar 2025 | 3.7 |
| Jun 2025 | 1.6 |
| Sep 2025 | 2.1 |
| Dec 2025 | 2.8 |
| Mar 2026 | 3.4 |
| Jun 2026 | 1.9 |
| Sep 2026 | 1.9 |
source notes & method
INDEC's own site was not fetchable; values were read from copies of the official INDEC PDF technical reports (Dec 2023 report published 11 Jan 2024; Dec 2024, Jan 2025; Dec 2025, 13 Jan 2026; Sep 2026, 13 Oct 2026). Monthly values come from each report's 'variaciones mensuales, total nacional' chart and were matched to months by position; headline months (Dec 2023 25.5%, Dec 2024 2.7%, Dec 2025 2.8%, Sep 2026 1.9%) match the reports' text, and overlapping months agree across reports. Chart shows the last month of each quarter only, every quarter included, none skipped. Lowest month in the period: 1.5% (May 2025).
Published 3 Nov 2026
what connects to this
one plate, every morning
The new world, explained in one chart, in your inbox at 7:00, your time. Free.
or follow via rss, the "rss" in progrss