Argentina - Consumer Price Index (CPI)

Argentina: Consumer Price Index (CPI)

Mnemonic CPI.IARG
Unit Index Dec2016=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 5.12 %
Data Dec 2022 1,134
Nov 2022 1,079

Series Information

Source National Institute of Statistics and Censuses of the Argentine Republic (INDEC)
Release Consumer Price Index (CPI)
Frequency Monthly
Start Date 1/31/1943
End Date 12/31/2022

Argentina: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) Dec 2022 1,134 1,079 Index Dec2016=100, NSA Monthly
Producer Price Index (PPI) Dec 2022 1,961 1,830 Index 2015=100, NSA Monthly
Wholesale Price Index Dec 2022 1,893 1,784 Index 2015=100, NSA Monthly

Release Information

For Argentina, a national consumer price index detailed by COICOP. Monthly from 2016. Predecessors exist back to 1977; Moody's Analytics has extended select series to 1943.


  • Classification: COICOP
  • Measurements:
    • Fixed-base index relative to December 2016 (Index Dec2016)
    • Percent change month-over-month (% M/M)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates:
    • 2016m4 for GBA
    • 2016m12 for all other areas
  • Geo coverage:
    • National urban (IARG)
    • Greater Buenos Aires (IARG_GBA)


  • Percent change year-over-year
  • 2015=100 - ("_15")
  • "IPCNu" 2013m10 to 2014m9 - 2014m9 to ?("_14")
  • 2013Q4=100 sampled over multiple urban areas - 2013m12 to 2014m9 ("_13")
  • 2008m4=100 sampled on GBA - 2008m4 to 2013m12 ("_08")
  • 1999=100 - ("_99")

National Urban - The National Statistical System (NSS) Consumer Price Index addresses aspects related to the geographical representation of the indicator. The indicator covers the entire urban population of the 24 jurisdictions that comprise Argentina.

Alternative CPI - The IPC of the Provincial Bureau of Statistics Census and the province of San Luis and the IPC of the Directorate General of Statistics and Census Buenos Aires are collected independently from the INDEC with sound methodologies. These indicators act as a guideline to the overall national CPI. These are not replacements.

National Urban

Prices of a fixed basket of goods and services are obtained to calculate monthly consumer price index, 160 people are interviewed on approximately 230,000 prices over 13,000 local informants. Prices observed in the sample of informants are selected from sampling frames made ??by the INDEC. The organization of the operating field and the determination of local informants make up the daily workload of interviewers. The areas where local informants are located are:

  • Areas with high business concentration
  • Areas with supermarkets and hypermarkets
  • Areas with scattered businesses (including stores, butchers, etc.)

In turn, local informants were categorized and identified using the categories Information. For example: multiple business category (supermarket) stores, bakeries, dry cleaners, hairdressers, etc.

Moody's Analytics supplements

For the general index, we back-extend (to 1943m1, 1977m4 or 2004m12) and construct a seasonally adjusted counterpart.

Yes, each month.

Further reading

For more infomation on the National Urban CPI please visit the source website.

For more infomation on the Greater Buenos Aires CPI please visit the source website.

  • 28 Dec 2022, Phillip Thorne - Properties, Moody's Analytics supplements