Development of inflation rates in Argentina
The inflation rate in Argentina moved over the past years between -1.2% and 3,079.8%. For 2013, an inflation rate of 10.6% was calculated.
During the observation period from 1980 to 2013, the average inflation rate was 251.9%
per year. Overall, the price increase was 54,114,475,012.41 %. An item that cost 100 Peso in 1979 was 2013 so charged 54,114,475,112.41 Peso.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Argentina