Inflation Rate (CPI): Argentina

Analysis# Argentina Inflation Rate (CPI) Argentina's inflation rate stands at 16.4% in 2026, representing a dramatic deceleration from the nation's devastating peak of 219.9% in 2024. Since 1998, cumulative inflation has reached 1722.2%, though the metric has ranged from a low of -1.2% in 1999. The current reading reflects a sharp reversal from the hyperinflationary spiral that gripped the economy over the preceding years. The period from 2017 to 2024 marked escalating price pressures, with annual rates climbing from 25.7% to 219.9%. A striking reversal occurred in 2025, when inflation plummeted to 41.3%—a 178.6 percentage point drop in a single year. This sharp correction suggests stabilization efforts have gained traction. If the 16.4% projection for 2026 materializes, Argentina would return to inflation levels not seen since the early 2020s, signaling a potential end to its recent macroeconomic crisis.