Consumer Price Index: All Items: Total for Argentina
ARGCPALTT01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.43
Year-over-Year Change
319.80%
Date Range
4/1/2017 - 10/1/2023
Summary
The Consumer Price Index (CPI) measures the changes in prices paid by consumers for a basket of goods and services in Argentina. It is a key indicator of inflation and a critical measure for policymakers and economists.
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 Consumer Price Index: All Items: Total for Argentina is a comprehensive measure of the average change in prices paid by consumers for a representative basket of goods and services. It is used to track inflation and assess the purchasing power of the Argentine peso.
Methodology
The CPI is calculated by the Instituto Nacional de Estadística y Censos (INDEC) based on a survey of consumer expenditures.
Historical Context
The CPI is closely monitored by the Central Bank of Argentina and other policymakers to guide monetary and fiscal policies.
Key Facts
- The CPI is published monthly by INDEC.
- The base year for the Argentine CPI is 2018.
- The CPI basket includes over 400 goods and services.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Argentina measures the average change in prices paid by consumers for a basket of goods and services representative of household expenditures.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a critical indicator of inflation and purchasing power in Argentina, and is closely tracked by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The CPI is calculated by INDEC based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Argentine CPI is monitored by the Central Bank to guide monetary and fiscal policies aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The CPI is published monthly by INDEC with a short delay, providing timely data on price changes in Argentina.
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Citation
U.S. Federal Reserve, Consumer Price Index: All Items: Total for Argentina (ARGCPALTT01GPQ), retrieved from FRED.