Consumer Price Index: All Items: Total for Argentina
ARGCPALTT01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.24
Year-over-Year Change
99.78%
Date Range
1/1/2017 - 2/1/2024
Summary
The Consumer Price Index (CPI) for All Items in Argentina measures the overall change in consumer prices over time, providing a key indicator of inflation and cost of living 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 CPI for All Items in Argentina tracks the prices of a basket of consumer goods and services, including food, housing, transportation, and other expenditures. It is a widely-used metric for assessing the purchasing power of the Argentine peso and informing economic policymaking.
Methodology
The data is collected through surveys of prices from retail outlets and service providers across Argentina.
Historical Context
The CPI is a critical input for the Central Bank of Argentina's monetary policy decisions and influences consumer confidence, wage negotiations, and other economic activities.
Key Facts
- Argentina's CPI reached a peak of 104.5% in May 2022.
- The CPI is measured on a monthly basis and published by the National Institute of Statistics and Censuses (INDEC).
- The CPI basket is periodically updated to reflect changes in consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for All Items in Argentina measures the overall change in consumer prices, providing a key indicator of inflation in the country.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a critical metric for evaluating the purchasing power of the Argentine peso, informing monetary policy decisions, and assessing the cost of living for consumers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices from retail outlets and service providers across Argentina.
Q: How is this trend used in economic policy?
A: The CPI is a key input for the Central Bank of Argentina's monetary policy decisions, influencing consumer confidence, wage negotiations, and other economic activities.
Q: Are there update delays or limitations?
A: The CPI is measured on a monthly basis and published by the National Institute of Statistics and Censuses (INDEC), with some potential for delays in data reporting.
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Citation
U.S. Federal Reserve, Consumer Price Index: All Items: Total for Argentina (ARGCPALTT01GPM), retrieved from FRED.