Inflation, consumer prices for Argentina
FPCPITOTLZGARG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.55
Year-over-Year Change
56.22%
Date Range
1/1/2018 - 1/1/2019
Summary
The Consumer Price Index (CPI) for Argentina measures the change in the prices paid by consumers for a basket of goods and services. This key economic indicator is closely watched by policymakers, analysts, and the public to understand the rate of inflation in the Argentine economy.
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 is a monthly measure of the average change in prices paid by consumers for a representative basket of consumer goods and services. It is a widely used metric for tracking the purchasing power of the Argentine peso and informing monetary and fiscal policy decisions.
Methodology
The Argentine National Institute of Statistics and Censuses (INDEC) collects price data from households and businesses to calculate the CPI.
Historical Context
The Argentine CPI is an important input for the Central Bank of Argentina's monetary policy and plays a role in cost-of-living adjustments and wage negotiations.
Key Facts
- Argentina has struggled with high inflation for decades.
- The CPI basket is reviewed and updated periodically.
- Argentina's central bank targets a specific inflation rate range.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Argentina measures the average change in prices paid by consumers for a basket of common goods and services.
Q: Why is this trend relevant for users or analysts?
A: The Argentine CPI is a key metric for understanding the rate of inflation and purchasing power in the Argentine economy, making it highly relevant for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The Argentine National Institute of Statistics and Censuses (INDEC) collects price data from households and businesses to calculate the monthly CPI.
Q: How is this trend used in economic policy?
A: The Argentine CPI is an important input for the Central Bank of Argentina's monetary policy decisions and plays a role in cost-of-living adjustments and wage negotiations.
Q: Are there update delays or limitations?
A: The Argentine CPI data is published monthly, but there can be some delays in reporting due to the complexities of data collection across the country.
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Citation
U.S. Federal Reserve, Inflation, consumer prices for Argentina (FPCPITOTLZGARG), retrieved from FRED.