Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Argentina
ARGCP010000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.61
Year-over-Year Change
-85.20%
Date Range
12/1/2017 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Argentina measures changes in the prices paid by consumers for a basket of food and non-alcoholic beverage items. It is a key indicator of inflationary pressures and consumer purchasing power in the country.
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 Food and Non-Alcoholic Beverages CPI represents the price changes of a representative selection of food and non-alcoholic drink products purchased by Argentine households. It is used by policymakers, analysts, and the public to assess the cost of living and track inflation in this important consumer expenditure category.
Methodology
This index is calculated based on price surveys conducted by the National Institute of Statistics and Censuses (INDEC) in Argentina.
Historical Context
The Food and Non-Alcoholic Beverages CPI is closely watched by the Central Bank of Argentina and informs its monetary policy decisions.
Key Facts
- Argentina's Food and Non-Alcoholic Beverages CPI has a base year of 2018.
- This index accounts for over 25% of the total Argentine CPI basket.
- Prices of food and non-alcoholic drinks make up a significant portion of household budgets in Argentina.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Argentina measures changes in the prices paid by consumers for a basket of food and non-alcoholic drink items.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer purchasing power in Argentina, and is closely watched by policymakers, analysts, and the public.
Q: How is this data collected or calculated?
A: The index is calculated based on price surveys conducted by the National Institute of Statistics and Censuses (INDEC) in Argentina.
Q: How is this trend used in economic policy?
A: The Food and Non-Alcoholic Beverages CPI is closely monitored by the Central Bank of Argentina and informs its monetary policy decisions.
Q: Are there update delays or limitations?
A: There may be occasional delays in the release of this data by the Argentine statistical agency.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Argentina (ARGCP010000GYM), retrieved from FRED.