Argentina Inflation Rate — 2026 CPI Data, Trend & Outlook
Argentina's inflation rate was 33.20% in May 2026, up from 32.35% the previous month. A year earlier it stood at 43.48%.
Argentina's inflation rate stands at 33.20% as of May 2026. The inflation rate currently sits at 33.20% (up from 32.35% in the prior month). Across the tracked window it has ranged between 24.80% and 289.40%, and is 10.28% lower than a year ago.
The trend
Among the 193 economies tracked on this platform, Argentina ranks #7 on inflation rate by latest value. It rose from 32.35% in the previous month, and compares with a year-earlier 43.48%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| May 2026 | 33.20% |
| Apr 2026 | 32.35% |
| Mar 2026 | 32.61% |
| Feb 2026 | 33.05% |
| Jan 2026 | 32.41% |
| Dec 2025 | 31.55% |
| Nov 2025 | 31.37% |
| Oct 2025 | 31.31% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Argentina Right Now (2026)?
Argentina's inflation rate was 33.20% in May 2026, up from 32.35% the previous month. A year earlier it stood at 43.48%.
Is the inflation rate rising or falling in Argentina?
It rose in the latest reading — 33.20% in May 2026 versus 32.35% a month earlier. Year on year it is lower.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).