Economy Local 2026-01-19T22:40:04+00:00

Argentina's Inflation Hits Eight-Year Low

Argentina's wholesale inflation reached an eight-year low in 2025, rising by 26.2%. Price growth accelerated in December to 2.4%, driven by a government program focusing on fiscal surplus and trade deregulation.


Argentina's Inflation Hits Eight-Year Low

Buenos Aires, January 19 (NA) -- The Wholesale Price Index (IPIM) closed 2025 at its lowest level in eight years, having risen 26.2%, while December's rate accelerated to 2.4%. According to the Argentine News Agency (NA), wholesale inflation was the lowest in eight years, having concluded 2017 with 18.8%. However, the information released by the National Institute of Statistics and Censuses (INDEC) showed an acceleration compared to November (1.6%) of 0.8 percentage points. This increase was a consequence of the 2.4% rise in domestic products and 1.7% in imported products. Among domestic products, the categories with the greatest impact on the IPIM were: Refined petroleum products: 0.7%. Food and beverages: 0.38%. Crude oil and gas: 0.24%. Motor vehicles, bodies and parts: 0.23%. Agro-industrial products: 0.21%. Regarding the Basic Internal Wholesale Price Index (IPIB), it showed an increase of 2.2% in the same period, explained by the rise of 2.2% in domestic products and 1.8% in imported products. Meanwhile, the Producer Price Index (IPP) increased by 2.4%, due to the rise of 2.8% in primary products and 2.3% in manufactured goods and electricity. Products with the highest price increases in 2025 Tobacco: 37.9%. Refined petroleum products: 37.5%. Agro-industrial products: 36.8%. Motor vehicles, bodies and parts: 33.4%. Printing and reproduction of recordings: 32.7%. Food and beverages: 28%. Manufactured goods and electricity: 26.9%. Medical equipment and measuring instruments: 25.6%. Fish products: 25.6%. Non-metallic mineral products: 25.7%. Products with the lowest price increases in 2025 Radio and television equipment and appliances: 3.8%. Crude oil and gas: 8.5%. Leather, leather goods and footwear: 11.8%. Other means of transport: 12.7%. Paper and paper products: 15%. “The decrease in wholesale inflation was possible thanks to the government program that prioritized a fiscal surplus, strict control of the money supply, the recapitalization of the Central Bank (BCRA) and a series of measures to deregulate trade that allowed reducing unnecessary costs for the private sector,” stated from the Ministry of Economy. IP Wholesale remained below retail Inflation 2025: 31.5% December inflation was 2.8%, according to the Consumer Price Index (IPC) released by INDEC. In this way, inflation in 2025 was 31.5% and reached the lowest level in eight years (24.8% in December 2017). Transportation (4%) and Housing, water, electricity, gas and other fuels (3.4%) were the divisions with the highest increase during the last month of the year.