Cost of food in Argentina increased 56.80 percent in December of 2019 over the same month in the previous year. Food Inflation in Argentina averaged 44.42 percent from 2017 until 2019, reaching an all time high of 66.20 percent in April of 2019 and a record low of 19.94 percent in April of 2018. source: Instituto Nacional de Estadística y Censos (INDEC)

Food Inflation in Argentina is expected to be 50.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Argentina to stand at 30.00 in 12 months time. In the long-term, the Argentina Food Inflation is projected to trend around 18.00 percent in 2020, according to our econometric models.

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Argentina Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
56.80 54.60 66.20 19.94 2017 - 2019 percent Monthly
201612=100, NSA

Argentina Prices Last Previous Highest Lowest Unit
Inflation Rate 52.90 51.40 20262.80 -7.00 percent [+]
Inflation Rate Mom 3.70 4.30 6.50 0.20 percent [+]
Consumer Price Index CPI 283.44 273.22 283.44 100.00 points [+]
GDP Deflator 3258.60 2873.80 3258.60 95.40 points [+]
Producer Prices 423.70 402.82 949.61 0.00 points [+]
Export Prices 149.20 151.70 195.60 69.80 points [+]
Import Prices 114.70 116.90 148.90 88.30 points [+]
Producer Prices Change 46.50 45.30 124.90 -7.15 percent [+]
Core Consumer Prices 280.31 270.36 280.31 100.00 points [+]
Core Inflation Rate 56.70 55.20 58.80 21.12 percent [+]
Food Inflation 56.80 54.60 66.20 19.94 percent [+]
CPI Housing Utilities 316.03 309.45 316.03 100.00 points [+]
Cpi Transportation 301.20 286.93 301.20 100.00 points [+]
Inflation Expectations 38.00 30.00 40.00 20.00 Percent [+]