Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Argentina
ARGCPALTT01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.93
Year-over-Year Change
-80.57%
Date Range
12/1/2017 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Argentina measures changes in the prices of consumer goods and services purchased by households. It is a key indicator of inflation and an important economic statistic for policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for Argentina tracks the weighted average change in prices for a basket of consumer goods and services that represents typical household expenditures. It is used to assess the purchasing power of the Argentine peso and to inform monetary and fiscal policy decisions.
Methodology
The CPI data is collected by the Argentine national statistics agency through surveys of retailers and service providers.
Historical Context
The Argentine CPI is closely monitored by the central bank, government, and financial markets to gauge inflationary pressures and the effectiveness of economic policies.
Key Facts
- The CPI basket covers about 80% of typical household expenditures in Argentina.
- CPI is calculated using a Laspeyres formula, with a base year of 2014.
- Argentina has experienced high and volatile inflation rates in recent decades.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Argentina measures changes in the prices of consumer goods and services purchased by households. It is a key indicator of inflation.
Q: Why is this trend relevant for users or analysts?
A: The Argentine CPI is an important statistic used by policymakers, businesses, and consumers to understand changes in the purchasing power of the peso and to inform economic decision-making.
Q: How is this data collected or calculated?
A: The CPI data is collected by the Argentine national statistics agency through surveys of retailers and service providers, and calculated using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: The Argentine CPI is closely monitored by the central bank, government, and financial markets to gauge inflationary pressures and the effectiveness of monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The CPI data is published on a monthly basis, but there may be some delays in reporting or revisions to previous releases.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Argentina (ARGCPALTT01GYM), retrieved from FRED.