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Argentina: Oil & Gas - Producción de Petróleo

# Alphacast High Frequency CPI: Inflation was 1.8% MoM in June

**Inflation decelerated once more in June**. Inflation for the reference month rose by 1.8% MoM,  down from 2.0% in May, confirming the ongoing disinflationary trend. Consequently, annual inflation settled at 35.5% YoY, firmly below the triple-digit threshold. This final figure reflects a slowdown in the increase of regulated prices and the absence of significant price declines in key categories such as vegetables and fuels. Additionally, the Hot Sale event—which had contributed to a more pronounced deceleration in May—did not affect June’s figures.

**In the reference period, seasonal components remained flat, core prices moved higher, while regulated items registered a mild easing.** Core inflation advanced by 1.8% MoM in June 2025, exceeding the 1.5% MoM increase observed in the prior month. Seasonal prices registered a 0.5% MoM rise, in line with the latest revised estimate, while regulated items rose by 2.7% MoM, significantly lower than the 3.8% MoM recorded in May. Core inflation contributed 0.9 percentage points to the overall Consumer Price Index (CPI), while regulated prices added 0.8 pp and seasonal components contributed 0.1 pp. Absent the impact of regulated prices, the monthly inflation rate would have stood closer to 1%.

**The carry-over effect on the Consumer Price Index (CPI) from June into July stood at 0.8%**, matching the rate observed in the previous month. At the same time, end-of-period inflation for the past four weeks reached 1.9%, closely aligning with the last revised value.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation rose in the final week of June (week 23/6).** Consumer prices posted a 0.4% WoW increase during the week, outpacing the prior week's 0.1% WoW rise. The monthly inflation average over the past four weeks remained stable at 1.7% MoM, unchanged from the preceding measurement. Annually, inflation stood at 35.9% YoY, marginally below the 36% YoY recorded earlier. Core inflation picked up, whereas seasonal and regulated items showed limited movement. Seasonal prices moved up by 0.1% WoW, mirroring their previous behavior. Core prices increased 0.4% WoW, following a flat WoW outcome in the previous week, and regulated prices stayed constant at 0.5% WoW. From a MoM perspective, seasonal goods rose by 0.5%, in line with the earlier 0.4% MoM gain. Core inflation reached 1.6% MoM, surpassing the earlier 1.4% MoM, while regulated prices rose 2.5% MoM, falling short of the previously revised 2.8% MoM.

***Note:** Starting from the week of June 9th, weekly variation dates correspond to the first day of each week. For example, the week of June 23rd covers the period from June 23rd to June 29th. Prior to this change, weeks were counted from Wednesday to Tuesday; now, they run from Monday to Sunday.*


@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest



**Market participants lowered their average expectations.** Analysts now anticipate that the CPI will remain below the 2% threshold through at least November. In line with the ongoing deceleration, monthly price expectations for June were set at 1.9%.  The inflation outlook for 2025 was revised down from 31.8% to 28.6%, marking a 3.2 percentage point decline from the previous REM report. Similarly, projections for 2026 were adjusted from 18% to 16%, while the estimate for 2027 continued to point toward a potential inflation rate of 10%.


@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI

Alphacast High Frequency CPI: Inflation was 1.8% MoM in June

# **Alphacast High Frequency CPI: Inflation was 0.1% WoW**

**Note: This week, we are sharing a shortened version of the report as we are currently in the midst of migrating and upgrading our pricing system.**
Very soon, the new system will go live and enable us to publish core inflation indices with daily updates, which will be made directly available in Alphacast’s datasets. This enhancement marks a significant step toward greater accuracy and frequency in inflation tracking, further facilitating real-time analysis. Thank you for joining us in this transformation process. Any feedback or suggestions are more than welcome.


**Weekly inflation cooled down**. Based on the latest weekly figures, consumer prices advanced by just 0.1% WoW in the most recent week,  below the 0.6% WoW uptick observed the previous week. At the monthly level, inflation stood at 1.7% MoM, remaining broadly in line with the preceding MoM figure. Consequently, the YoY inflation rate eased to 36.0%, compared to the earlier 36.7% YoY rate.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Over the course of the last week, core inflation, seasonal goods, and regulated prices showed signs of moderation.** Core prices recorded a null variation WoW, falling short of the previous week’s 0.5% WoW increase. On a monthly scale, it advanced by 1.4% MoM, matching the prior reading. Similarly, seasonal goods posted a modest 0.1% WoW rise, slightly under the 0.2% WoW change recorded earlier. On a MoM basis, this category expanded by 0.4%, exceeding the prior 0.2% MoM rate. Meanwhile, regulated prices rose by 0.5% WoW, under the previous 0.9% WoW jump. Consequently, the MoM figure came in at 2.8%, inferior to the earlier 3.0% MoM reading.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest





Alphacast High Frequency CPI - June 16th 2025

# **Alphacast High Frequency CPI: Inflation was 0.6% WoW**

**Note: This week, we are sharing a shortened version of the report as we are currently in the midst of migrating and upgrading our pricing system.**
Very soon, the new system will go live and enable us to publish core inflation indices with daily updates, which will be made directly available in Alphacast’s datasets. This enhancement marks a significant step toward greater accuracy and frequency in inflation tracking, further facilitating real-time analysis. We also inform you that weekly inflation is now measured from Monday to Sunday. Accordingly, the data corresponding to the week of June 16 will be published together with the report for the week of June 23. Thank you for joining us in this transformation process. Any feedback or suggestions are more than welcome.


**Weekly inflation remained stable**. Based on the latest weekly figures, consumer prices rose by 0.6% WoW, matching the recently revised 0.6% WoW increase recorded the prior week. On a monthly scale, inflation reached 1.7% MoM, remaining close to the previous revised MoM rise. In line with these developments, the YoY inflation rate marked 36.7%, below the earlier adjusted level of 39.6% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Over the course of the last week, inflation in core and seasonal goods moderated, while regulated prices experienced an increase.** Core inflation increased by 0.5% WoW, falling short of the revised 0.7% WoW uptick seen the previous week. On a monthly basis, it rose by 1.3% MoM, unchanged from the prior adjusted reading. Likewise, seasonal goods prices posted a 0.2% WoW gain, mirroring the previous WoW variation. At the monthly level, this category grew by 0.2% MoM, remaining close to the earlier 0.3% MoM figure. Conversely, regulated prices rose by 0.9% WoW, in line with adjustments in fuel, public transport, education, prepaid healthcare, and gas and water services—exceeding the prior 0.5% WoW rise. As a result, the monthly change held at 3.0% MoM, falling below the earlier reported 3.3% MoM. 

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest





Alphacast High Frequency CPI - June 9th 2025

# **Alphacast High Frequency CPI: Inflation was 0.4% WoW**

**Note: This week, we are sharing a shortened version of the report as we are currently in the midst of migrating and upgrading our pricing system.**
Very soon, the new system will go live and enable us to publish core inflation indices with daily updates, which will be made directly available in Alphacast’s datasets. This enhancement marks a significant step toward greater accuracy and frequency in inflation tracking, further facilitating real-time analysis. Thank you for joining us in this transformation process. Any feedback or suggestions are more than welcome.


**Weekly inflation slightly increased**. According to the most recent weekly data, consumer prices advanced by 0.4% WoW, slightly surpassing the upwardly revised 0.3% WoW increase observed the week before. On a monthly basis, inflation stood at 1.7% MoM, modestly below the preceding 1.9% MoM uptick. Consistent with these trends, the annual inflation rate pointed to 39.3% YoY, inferior to the previously adjusted 40.3% YoY figure.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Over the past week, there was a modest rise in both core inflation and seasonal goods, whereas regulated prices held steady.** Core inflation rose by 0.4% WoW, exceeding the revised 0.2% WoW increase recorded the previous week. On a monthly basis, it climbed 1.2% MoM, falling short of the last updated 1.4% MoM figure. Similarly, prices of seasonal goods registered a 0.2% WoW increase, slightly above the prior 0.1% WoW uptick. At the monthly level, this category rose by 0.3% MoM, closely aligned with the previously revised 0.4% MoM. Meanwhile, regulated prices advanced 0.5% WoW, in line with the preceding figure. Consequently, the monthly variation remained at 3.3% MoM, below the earlier reported 3.7% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest





Alphacast High Frequency CPI - June 4th 2025

# Alphacast High Frequency CPI: Inflation was 2.0% MoM in May

**Inflation showed signs of cooling in May**. Inflation for the reference month rose by 2.0% MoM, marking a clear deceleration from the 2.6% MoM recorded in April. As a result, annual inflation stood at 42.6% YoY, remaining well below the triple-digit range. May’s inflation slowdown can be largely attributed to seasonal influences, modest adjustments in regulated prices, and softer wage dynamics. These factors, along with a marked easing in food prices and a government-driven reduction in fuel costs, collectively contributed to the deceleration.

**During the reference month, all three categories—core inflation, seasonal items, and regulated prices— eased**. In May 2025, core inflation increased by 1.5% MoM, lower than the 2.1% MoM rise recorded in the previous month. Similarly, seasonal prices rose by 0.6% MoM, significantly below the 1.2% MoM observed in April. Additionally, regulated items increased by 3.8% MoM, notably lower than the 4.1% MoM seen the month before. Core inflation contributed 0.8 percentage points to the overall Consumer Price Index (CPI), while regulated prices accounted for 1.1 pp, and seasonal items added 0.1 pp. Excluding changes in regulated prices, the inflation rate would have been approximately 0.9% MoM.

**The carry-over effect on the Consumer Price Index (CPI) from May to June amounted to 0.7%**, falling short of the 1.0% observed in the preceding month. Concurrently, end-of-period inflation over the past four weeks reached 1.7%, which is below the prior 2.4% MoM reading.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation softened during the final week of May.** During the week, consumer prices recorded a 0.2% WoW increase, mirroring the figure observed in the preceding week. Over the past four weeks, average monthly inflation stood at 1.9% MoM, slightly under the previously revised 2.1% MoM. On an annual basis, inflation reached 40.1% YoY, below the prior revised reading of 41.3% YoY.   All three main components—seasonal goods, core inflation, and regulated prices—remained steady. Seasonal items edged up by 0.1% WoW, following a flat WoW performance earlier. Core prices rose by 0.1% WoW, unchanged from the previous null WoW, while regulated components held steady at 0.5% WoW. On a MoM basis, seasonal goods increased by 0.5%, nearly matching the previous 0.6% MoM rise. Core inflation came in at 1.3% MoM, lower than the prior 1.6% MoM, and regulated prices rose by 3.7% MoM, consistent with the earlier revised figure of 3.8% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest

**Market expectations for inflation shifted higher once again.** Price expectations for May were established at 2.8% MoM. The inflation outlook for 2025 was revised upward, rising from 27.5% to 31.8%—a 4.3 percentage point increase compared to the previous REM report. In a similar trend, projections for 2026 climbed from 16.8% to 18%, while the estimate for 2027 now suggests a potential inflation rate of 10%.


@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 2.0% MoM in May

# **Alphacast High Frequency CPI: Inflation was 0.2% WoW**

**Weekly inflation eased**. The latest weekly figures show a 0.2% WoW increase in consumer prices, remaining below the revised 0.4% WoW gain recorded in the preceding week. Meanwhile, the monthly variation reached 2.2% MoM, marginally under the prior 2.3% MoM rise. In line with these developments, the annual inflation rate registered 41.4% YoY, inferior to the previous revised rate of 43.5% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Over the course of the week, all three categories—core inflation, seasonal goods, and regulated prices— softened**. Core inflation showed no WoW variation, below the revised 0.4% WoW increase observed in the prior week. On a monthly scale, it rose by 1.6% MoM, falling short of the last updated 1.9% MoM figure. In a similar vein, prices of seasonal goods also posted no WoW change, underperforming the earlier revised 0.1% WoW uptick. At the monthly level, this category registered a 0.6% MoM increase, inferior to the previous 0.8% MoM. Meanwhile, regulated prices advanced 0.5% WoW, matching the previous reading. As a result, the monthly change remained at 4.0% MoM, virtually unchanged from the prior report.


@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**In the reference period, dollarized goods and non-dollarized goods tempered**. Non-dollarized goods recorded a -1.3% WoW change, underperforming the revised -0.1% WoW increase from the previous period. Concurrently, the monthly rate advanced by 0.4% MoM, below the earlier adjusted 1.1% MoM figure. Similarly, dollarized goods saw a 0.1% WoW increase, surpassing the prior 0.6% WoW figure. On a MoM basis, inflation for this segment reached 1.8%, marginally below the previous 1.9% MoM result.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages cooled down**. The most recent data indicate that Food & Beverages posted a -0.1% WoW change, falling short of the previously revised 0.6% WoW increase. Nevertheless, the monthly rate remained steady at 1.4% MoM, in line with the last reported figure.


**The distribution of price changes kept evolving.** Roughly 60% of the items surveyed exhibited monthly changes of 2% or less, while 68% remained below the 4% MoM threshold. In contrast, just 2% of the basket recorded MoM increases equal to or exceeding 10%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-37987?country=Argentina-1%7EArgentina-0&time=2019-07-26..latest&stackMode=absolute&year=latest&tab=chart

Alphacast High Frequency CPI - May 21st 2025

Monitor de Trigo

# **Alphacast High Frequency CPI: Inflation was 0.3% WoW**

**Weekly inflation cooled down**. The most recent weekly data indicate a 0.3% WoW uptick in consumer prices, falling short of the adjusted 0.7% WoW increase reported the week before. Concurrently, the monthly figure rose by 2.3% MoM, lower than the revised 2.5% MoM gain previously observed. Consistent with that, the annual inflation rate stood at 43.3% YoY, marginally below the revised  44.3% YoY last reading.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the week, all three components—core inflation, seasonal goods, and regulated prices— held steady.** Core inflation recorded a 0.2% WoW increase, mirroring the revised growth reported in the preceding period. Similarly, the monthly rate climbed 1.8% MoM, lower than the previously revised 2.1% MoM. Likewise, seasonal goods rose by 0.1% WoW, closely matching the earlier adjusted uptick. On a monthly basis, prices in this category increased by 0.8% MoM, nearly in line with the revised 0.9% MoM figure.
Conversely, regulated prices grew 0.5% WoW, in contrast to the prior 2.2% WoW advance. Consequently, the monthly variation held steady at 4.1% MoM, largely unchanged from the previous report.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**In the reference period, dollarized goods exhibited an increase whereas non-dollarized goods tempered**. Non-dollarized goods experienced a -0.3% WoW change, which is under the revised 0.3% WoW rise observed in the previous week. At the same time, the MoM rate showed a 1.0% increase, falling short of the earlier 1.3% MoM result. In contrast, dollarized goods recorded a 0.6% WoW uptick, exceeding the previously revised 0.2% WoW figure. On a monthly basis, inflation in this category reached 1.9% MoM, slightly below the prior revised reading of 2.0% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Price for food and beverages marginally increased**. The latest data show that Food & Beverages registered a 0.4% WoW increase, surpassing the prior week's revised 0.1% WoW rise. However, the monthly figure stood at 1.4% MoM, remaining slightly below the earlier revised 1.6% MoM result.


**The distribution of price changes continued changing.** Approximately 61% of the surveyed items registered monthly variations of 2% or less, and 71% remained under the 4% MoM mark. By contrast, only 3% of the basket displayed MoM increases of 10% or more.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-37987?country=Argentina-1%7EArgentina-0&time=2019-07-26..latest&stackMode=absolute&year=latest&tab=chart

Alphacast High Frequency CPI - May 14th 2025

# **Alphacast High Frequency CPI: Inflation was 0.6% WoW**

**Weekly inflation rose slightly.** The latest weekly figures reveal a 0.6% WoW increase in consumer prices, surpassing the 0.3% WoW rise recorded in the preceding week. Simultaneously, the monthly variation showed a 2.4% MoM gain, below the prior 2.6% MoM result. In line with this trend, the annual inflation rate remained high at 44.1% YoY, marginally under the previous 44.5% YoY estimate.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During this week, core inflation and prices of seasonal goods eased, while regulated prices registered an increase.** Core inflation showed no WoW variation, falling short of the 0.2% WoW increase observed in the prior period. In a similar vein, the monthly reading rose by 2.0% MoM, slightly below the previous week’s 2.2% MoM figure.
Seasonal goods also posted no WoW change, aligning closely with the 0.1% WoW uptick seen earlier. On a monthly scale, seasonal prices advanced by 0.8% MoM, below the earlier 1.1% MoM rate. In contrast, regulated items rose 2.2% WoW, reflecting recent increases in electricity, gas, prepaid health plans, and transport fares, partially offset by a decline in fuel prices, in contrast to the last 0.5% WoW rise. Accordingly, the monthly pace remained stable at 4.1% MoM, largely unchanged from the previous report.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**In the reference period, inflation for dollarized goods and non-dollarized goods held steady**. Non-dollarized goods posted no WoW variation, contrasting with the -0.4% WoW decline recorded in the prior week. Concurrently, the monthly figure reflected a 1.3% MoM increase, which is under the previous 1.6% MoM result. Similarly, dollarized goods registered a null WoW variation, coming in below the prior 0.4% WoW figure. On the monthly front, their inflation rate reached 1.9% MoM, modestly under the preceding 2.1% MoM value.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Price increases for food and beverages tempered**. According to the most recent figures, Food & Beverages experienced a -0.2% WoW change, lower than the 0.2% WoW rise from the previous week. Nevertheless, the monthly variation reached 1.5% MoM, remaining below the earlier rate of 1.9% MoM.

**The distribution of price changes continued to evolve.** Roughly 52% of the items surveyed exhibited monthly changes of 2% or less, while 64% remained below the 4% MoM threshold. In stark contrast, just 4% of the basket recorded increases equal to or exceeding 10% MoM.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-37987?country=Argentina-1%7EArgentina-0&time=2019-07-26..latest&stackMode=absolute&year=latest&tab=chart

Alphacast High Frequency CPI - May 7th 2025

# **Alphacast High Frequency CPI: Inflation was -0.1% WoW**

**Weekly inflation eased**. In the most recent weekly report, consumer prices rose by 0.04% WoW, inferior to the prior week’s 0.5% WoW increase. At the same time, monthly data indicate a rise of 3.01% MoM, just below the earlier figure of 3.1% MoM. As a result, the annual inflation rate has reached 165.8% YoY, which is below the rate of 182.2% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal goods increased and core inflation turned negative**. At the beginning of the week, core inflation registered a negative -0.3% WoW change, below the 0.6% WoW rise recorded in the prior week. The monthly data reflected a 3% MoM growth rate, which is lower than the previous figure of 3.4% MoM. In parallel, seasonal goods experienced a 0.3% WoW increase, marginally higher than the earlier 0.2% WoW growth. On a monthly basis, seasonal goods advanced by 1.1% MoM, consistent with the prior week’s rate. Conversely, regulated goods exhibited a 0.5% WoW rise,the same as the previous week. This brought the monthly rate for regulated goods to 4.2% MoM, exceeding the prior 3.7% MoM.


@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified period, non-dollarized goods climbed 0.1% and dollarized goods experienced a variation of -0.6% WoW.**  Monthly figures revealed a 3.1% MoM growth for dollarized items, slightly below the previous 3.3%. The monthly growth rate for non-dollarized goods decelerated to 4.4% MoM, compared to the earlier 5% figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages eased**. According to the latest figures, Food & Beverages registered a variation of -0.3% WoW, significantly below the prior week's 0.4% WoW rise. Moreover, the monthly data show a 2.9% MoM growth, once again beneath the previous reading of 3.3%.

**The distribution of price changes has remained dynamic.** Approximately 17% of the analyzed prices consistently exhibited monthly growth rates of 4% or higher. Furthermore, the data reveals that 4.4% of these prices reached growth rates of 10% or above. As a result, nearly 71% of the prices showed monthly increases below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - December 4th 2024

# Alphacast High Frequency CPI: Inflation was 2.6% MoM in April

**Inflation moderated slightly in April**. In the reference month, inflation rose by 2.6% MoM, which is marginally under March’s 2.7% MoM, a period marked by a sharp rebound in the index. This mild deceleration brought the annual inflation rate down to 46% YoY, remaining well below triple-digit levels. A faster pace of price adjustments was evident during the first half of the month, likely driven by expectations surrounding the potential removal of foreign exchange controls, but this trend subsequently softened.

**During the reference month, core inflation eased, in contrast to an increase in seasonal items and the stability of regulated prices (though their price increase remains high)**. In April 2025, core inflation rose by 2.1% MoM, lower than the previous month’s 2.6% MoM increase. In contrast, seasonal prices recorded a 1.2% MoM rise, higher than the 0.9% MoM (revised) observed the month prior. Additionally, regulated items saw a 4.1% MoM increase, consistent with the rise in the previous month. Core inflation contributed 1.2 percentage points to the overall Consumer Price Index (CPI), while regulated prices accounted for 1.2 pp, and seasonal items added 0.2 pp. Excluding the changes in regulated prices, the inflation rate would have been approximately 1.4% MoM.

**From April to May, the carry-over effect on the Consumer Price Index (CPI) was 1.0%**, below the revised 1.1% recorded in the prior month. Meanwhile, the four-week end-of-period inflation rate reached 2.4%, inferior to the 2.6% MoM recorded in the prior period.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation held steady during the last week of April.** During the week, consumer prices posted a 0.3% WoW increase, below the previous 0.6% WoW gain. The average monthly inflation over the past four weeks came in at 2.6% MoM, marginally above the earlier 2.5% MoM figure. In annual terms, inflation registered a 44.5% YoY, compared to 46.5% YoY in the prior period. Each of the three main categories—seasonal items, core prices, and regulated components—showed signs of moderation. Seasonal goods rose by just 0.1% WoW, versus 0.3% WoW earlier. Core inflation registered a 0.2% WoW, lower than the previous 0.7% WoW, and regulated prices remained unchanged at 0.5% WoW. From a monthly perspective, seasonal goods advanced by 1.1% MoM, echoing the previous month’s rate. Core inflation reached 2.2% MoM, maintaining a similar trajectory to the last reading. Regulated prices rose by 4.1% MoM, in line with the prior 4.0% MoM increase.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest

**Once again, market participants upwardly revised their inflation expectations.** Price expectations for April had been set at 2.2% MoM. The outlook for 2025 was revised upward—from 23.3% to 27.5%—marking a 4.2 percentage point increase over the previous REM. Similarly, 2026 projections rose from 15.3% to 16.8%, while estimates for 2027 point to a possible inflation rate of 10%.


@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 2.6% MoM in April

Overview

By Category

By Country 

Alphacast CS - Demo

Sell In - Sell Out Analysis

Crops & Livestock - by Item

by Country

Production - by Item

Gross Production Value- by Item

FAO - Production

# **Alphacast High Frequency CPI: Inflation was 0.6% WoW**

**Weekly inflation remained stable**. The most recent weekly data indicate a 0.6% WoW increase in consumer prices, nearly matching the adjusted 0.7% WoW growth observed the week before. At the same time, the monthly variation reflected a 2.5% MoM rise, which is slightly under the previous 2.7% MoM reading. Accordingly, the yearly inflation rate remained elevated at 46.5% YoY, exceeding the latest revised figure of 44.6% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**All three categories—core inflation, regulated prices, and seasonal goods—displayed a stable behavior during the reference week.** Core inflation advanced by 0.7% WoW, closely mirroring the revised 0.8% WoW increase from the previous period. Similarly, the monthly variation marked a 2.1% MoM rise, marginally below the prior week’s revised figure of 2.4% MoM.
Seasonal goods registered a 0.3% WoW change, broadly consistent with the preceding week's revised 0.2% WoW uptick. On a monthly basis, seasonal prices climbed 1.2% MoM, slightly under the previously revised 1.4% MoM rate.
Meanwhile, regulated items recorded a 0.5% WoW increase, unchanged from the prior reading. Consequently, the monthly rate held steady at 4.0% MoM, remaining close to the last reported level.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**In the reference period, inflation for dollarized goods held steady, whereas non-dollarized goods increased**. Non-dollarized goods recorded a 1.2% WoW increase, surpassing the revised 0.6% WoW rise observed in the previous period. At the same time, the monthly variation registered a 1.6% MoM gain, falling short of the earlier revised figure of 2.4% MoM.
Conversely, dollarized goods advanced by 0.5% WoW, remaining closely in line with the prior week’s adjusted result of 0.6% WoW. On a monthly scale, their inflation rate reached 2.1% MoM, slightly below the previously revised 2.4% MoM value.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Price increases for food and beverages tempered**. According to the most recent figures, Food & Beverages experienced a 0.5% WoW increase, closely matching the revised 0.6% WoW rise from the previous week. Nevertheless, the monthly variation reached 2.0% MoM, remaining below the earlier adjusted rate of 2.9% MoM.

**The distribution of price changes continued to evolve.** Approximately 50% of the items analyzed showed monthly variations of no more than 2%, and 63% remained under the 4% MoM mark. In contrast, only 5% of the basket experienced increases of 10% MoM or higher.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-37987?country=Argentina-1%7EArgentina-0&time=2019-07-26..latest&stackMode=absolute&year=latest&tab=chart

Alphacast High Frequency CPI - April 23rd 2025

# **Alphacast High Frequency CPI: Inflation was 0.4% WoW**

**Weekly inflation mitigated**. Based on the most recent weekly report, consumer prices advanced by 0.4% WoW, which is below the revised 0.8% WoW increase recorded the week before. Meanwhile, the monthly variation registered a 2.7% MoM rise, closely aligning with the prior 2.8% MoM result. Consequently, the annual inflation rate remained in double digits at 44.3% YoY, mirroring the latest revised estimate.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, core inflation experienced a modest uptick, whereas regulated items and seasonal goods showed signs of stabilization.** Core inflation registered a 0.5% WoW uptick, exceeding the revised 0.3% WoW increase recorded in the prior period. Likewise, the monthly figure showed a 2.3% MoM rise, slightly below the previous week's 2.5% MoM result. As for seasonal goods, they posted a 0.1% WoW change, in line with the revised 0.1% WoW outcome from the preceding week. On a monthly basis, seasonal prices rose by 1.3% MoM, closely mirroring the earlier revised rate of 1.4% MoM. In addition, regulated items increased by 0.5% WoW, markedly lower than the 2.3% WoW surge observed previously. As a result, the monthly rate stood at 4.0% MoM, remaining near the last reported value.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**During the specified week, dollarized goods' inflation remained stable, while non-dollarized goods marginally accelerated**. Non-dollarized goods exhibited no WoW variation, above the previous period’s revised -0.7% WoW result. Simultaneously, the monthly increase reached 2.3% MoM, falling short of the previously adjusted 2.5% MoM figure. In contrast, dollarized goods posted a 0.4% WoW gain, closely aligned with the prior week’s revised 0.5% WoW outcome. On a monthly basis, the rate for dollarized goods stood at 2.3% MoM, which is below the previously revised 2.6% MoM figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Price increases for food and beverages remained stable**. According to the latest data, Food & Beverages posted a 0.3% WoW gain, similar to he prior week’s revised 0.2% WoW change. However, on a monthly basis, the category registered a 2.8% MoM increase, falling short of the earlier revised 3.4% MoM rate.

**The distribution of price changes continued changing.**  Approximately 54% of the prices analyzed exhibited monthly increases of no more than 2%, while 67% remained below the 4% MoM threshold. At the opposite end of the distribution, only 4% of the items surveyed recorded increases equal to or exceeding 10%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-37987?country=Argentina-1%7EArgentina-0&time=2019-07-26..latest&stackMode=absolute&year=latest&tab=chart

Alphacast High Frequency CPI - April 16th 2025

# **Alphacast High Frequency CPI: Inflation was 0.7% WoW**

**Weekly inflation climbed**. According to the latest weekly update, consumer prices grew by 0.7% WoW,  outpacing the 0.1% WoW rise observed during the prior week. In parallel, the monthly variation marked a 2.8% MoM increase, slightly above the earlier 2.7% MoM figure. As a result, the annual inflation rate stayed within double digits at 44.1% YoY, which stands markedly lower than the latest 50.3% YoY reading.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, core inflation and regulated items surged, while seasonal goods remained stable**. Core inflation registered a 0.1% WoW uptick, outperforming the previous period’s revised -0.1% WoW. Similarly, monthly data reflected a 2.5% MoM increase, closely matching the previous week's 2.4% MoM reading.  As for seasonal goods, WoW variation was neutral, consistent with the prior revised 0.1% WoW outcome. On a monthly scale, seasonal prices advanced by 1.3% MoM, surpassing the prior week’s revised 1.1% MoM rate. In contrast, regulated items surged by 2.3% WoW, driven by hikes in electricity, water, private healthcare, fuel, and telecommunications, considerably above the earlier 0.5% WoW increase. Consequently, the monthly rate reached 4.1% MoM, remaining close to the previously reported figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**During the specified week, dollarized goods and non-dollarized goods marginally increased**. Non-dollarized goods advanced by 0.1% WoW, superior to the revised -0.2% WoW recorded in the preceding period. At the same time, the monthly variation reached 2.9% MoM, surpassing the previously adjusted 2.7% MoM figure. Similarly, dollarized goods registered a 0.1% WoW rise, nearly identical to the prior week’s revised 0% WoW outcome. In monthly terms, dollarized goods maintained a rate of 2.5% MoM, unchanged from the earlier reported level.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages surged**. According to the latest data, Food & Beverages posted a 0.1% WoW gain, above the prior week’s revised -0.4% WoW change. However, on a monthly basis, the category registered a 3.4% MoM increase, falling short of the earlier revised 3.6% MoM rate.

**The distribution of price changes continued to evolve.**  Roughly 60% of the prices examined consistently showed monthly increases not exceeding 2%, with 72% of them posting monthly variations below the 4% threshold. On the other end, only 6% of monitored prices registered surges of 10% or more.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-37987?country=Argentina-1%7EArgentina-0&time=2019-07-26..latest&stackMode=absolute&year=latest&tab=chart

Alphacast High Frequency CPI - April 9th 2025

# Alphacast High Frequency CPI: Inflation was 2.7% MoM in March

**Inflation recorded a mild rebound in March**. In the reference month, inflation rose by 2.7% MoM, surpassing February’s 2.3% MoM but remaining below the 3% threshold for the third consecutive month. This slight acceleration brought the annual inflation rate down to 53.5% YoY, staying below triple digits. This recent increase was driven by seasonal factors and domestic pressures, particularly in education, transportation, and food and beverages, with the latter seeing the sharpest rise of 3.8% over the past four weeks. Moreover, despite the slower depreciation of the official exchange rate, inflationary pressures remained elevated due to uncertainty regarding the future exchange rate regime and the IMF agreement.

**During the reference month, prices rose across all three categories: seasonal items, core inflation, and regulated goods.** In March 2025, core inflation rose by 2.6% MoM, surpassing the previous month's 2.4% MoM increase. Similarly, seasonal prices recorded a 0.8% MoM rise, higher than the -0.1% MoM change observed the month prior. Additionally, regulated items saw a 4.1% MoM increase, exceeding the previous 3.4% MoM rise. Core inflation contributed 1.5 percentage points to the overall Consumer Price Index (CPI), while regulated prices accounted for 1.1 pp, and seasonal items added 0.1 pp. Without the changes in regulated prices, the inflation rate would have been approximately 1.6% MoM. 

**From March to April, the carry-over effect on the Consumer Price Index (CPI) was 1.2%**, matching the revised rate observed in the previous month. Meanwhile, the 4-week end-of-period inflation rate stood at 2.6%, surpassing the revised 2.5% MoM recorded in the preceding period.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation remained stable in the final week of March**. Over the week, consumer prices increased by 0.1% WoW, surpassing the previous period's 1.0% WoW rise. The four-week average for monthly inflation stood at 2.7% MoM, similar to the revised 2.8% MoM in the prior period. On an annual basis, inflation reached 50.3% YoY, inferior to the previously revised 51.7% YoY. Seasonal goods and core inflation moderated, with seasonal goods registering a 0.1% WoW increase and core inflation pointed to a -0.1% WoW change, compared to the prior week's figures of 0.5% WoW and 1.3% WoW (both revised). Regulated items rose by 0.5% WoW, maintaining the same pace as the previous week. In terms of monthly figures, seasonal goods increased by 1.0% MoM, similar to the last revised 0.9% MoM. Core inflation edged up to 2.4% MoM, below the revised prior rate of 2.6% MoM. Meanwhile, regulated items expanded by 4.1% MoM, a moderation from the previously recorded 4.3% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest

**The economic analysts surveyed by the BCRA slightly increased their inflation expectations, tempering their optimism.** With inflation showing signs of stabilization, price expectations for March are set at 2.2% MoM. Projections for 2025 have been slightly revised upwards from 23.2% to 23.3%, while projections for 2026 have been adjusted from 15% to 15.3%, reflecting an increase of 0.3 percentage points compared to the previous REM. Additionally, estimates for 2027 suggest that inflation could reach 9.7%.


@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 2.7% MoM in March

# **Alphacast High Frequency CPI: Inflation was 1.0% WoW**

**Weekly inflation surged**. The latest weekly report reveals that consumer prices advanced by 1.0% WoW, exceeding the adjusted 0.7% WoW increase recorded the previous week. Meanwhile, the monthly data registered a 2.9% MoM rise, marginally surpassing the prior revised increase of 2.7% MoM. Consequently, the annual inflation rate remained in double digits at 51.8% YoY, closely aligning with the most recent revised YoY figure.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, core inflation climbed, while regulated goods and seasonal products remained stable**. At the start of the week, core inflation climbed by 1.5% WoW, surpassing the revised 0.8% WoW recorded in the preceding period. Additionally, the monthly data showed a 2.7% MoM increase, exceeding the prior week's revised 2.5% MoM figure. Meanwhile, seasonal goods rose by 0.2% WoW, falling short of the previous period’s revised 0.8% WoW variation. On a monthly basis, seasonal goods registered a 0.8% MoM increase, outpacing the prior week's revised 0.6% MoM rate. Similarly, regulated goods expanded by 0.5% WoW, matching the earlier uptick. As a result, the monthly rate reached 4.3% MoM, closely aligning with the previously reported 4.2% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**During the specified week, dollarized goods and non-dollarized goods increased**. Non-dollarized goods registered a 3.4% WoW rise, surpassing the prior period’s revised 1.2% WoW. Simultaneously, the monthly data reflected a 4.1% MoM increase, exceeding the previously adjusted 3.5% MoM. Likewise, dollarized goods experienced a 0.8% WoW rise, closely matching the prior week’s revised 0.7% WoW figure. Meanwhile, the monthly rate for dollarized goods stood at 2.5% MoM, exhibiting little change from the previously reported figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages recorded a slight uptick**. The latest data reveals that Food & Beverages rose by 1.8% WoW, surpassing the revised 1.2% WoW change recorded in the prior week. Meanwhile, the monthly figures show a 4.2% MoM increase, closely aligning with the previously adjusted 4.1% MoM.

**The distribution of price changes continued to evolve.** Around 14% of the analyzed prices consistently exhibited monthly growth rates of at least 4%. Furthermore, the data indicates that 5% of these prices saw increases of 10% or more. Consequently, nearly 74% of prices registered monthly gains of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - March 26th 2025

# **Alphacast High Frequency CPI: Inflation was 0.3% WoW**

**Weekly inflation remained stable**. The most recent weekly report indicates that consumer prices rose by 0.3% WoW, aligning with the revised figure observed in the previous week. At the same time, the monthly data showed a 2.6% MoM increase, nearly mirroring the prior 2.5% MoM rise. As a result, the annual inflation rate remained in double digits at 51.2% YoY, falling below the revised 52.6% YoY recorded earlier.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, seasonal products and core inflation increased, while regulated goods eased**. At the beginning of the week, core inflation rose by 0.2% WoW, exceeding the revised -0.3% WoW recorded in the prior period. Furthermore, the monthly data reflected a 2.3% MoM increase, remaining broadly consistent with the previous week's revised data. Likewise, seasonal goods advanced by 0.2% WoW, outperforming the prior period’s -0.1% WoW change. On a monthly scale, seasonal goods recorded a 0.4% MoM rise, unchanged from the previous week's rate. Conversely, regulated goods increased by 0.5% WoW, falling short of the earlier 1.9% WoW surge. Consequently, the monthly rate reached 4.2% MoM, slightly surpassing the previously reported 4.0% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**During the specified week, dollarized goods tempered whereas non-dollarized goods saw a slight increase**. Non-dollarized goods recorded a -0.6% WoW variation, exceeding the revised -2.4% WoW from the prior period. At the same time, the monthly data indicated a 3.0% MoM rise, slightly below the previously revised 3.2% MoM. Similarly, dollarized goods saw a 0.5% WoW increase, aligning with the prior week's adjusted figure. Meanwhile, the monthly rate for dollarized goods reached 2.4% MoM, remaining largely unchanged from the previously reported level.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages registered a modest increase**. The most recent data shows that Food & Beverages increased by 0.2% WoW, superior to the revised -0.3% WoW variation  observed in the previous week. Meanwhile, the monthly figures indicate a 3.8% MoM rise, slightly below the previously 4.0% MoM.

**The distribution of price changes continued to stabilize.** Approximately 13% of the analyzed prices consistently posted monthly growth rates of at least 4%. Additionally, the data reveals that 5% of these prices experienced increases of 10% or more. As a result, nearly 79% of prices recorded monthly gains below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - March 19th 2025

# **Alphacast High Frequency CPI: Inflation was 0.4% WoW**

**Weekly inflation softened**. According to the latest weekly report, consumer prices increased by 0.4% WoW, falling short of the revised 0.9% WoW uptick registered in the prior week. Meanwhile, the monthly data reflected a 2.5% MoM increase, closely matching the earlier revised value of 2.6% MoM. Consequently, the annual inflation rate remained in double digits at 52.7% YoY, below the revised 56.7% YoY recorded earlier.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal products and core inflation eased, whereas regulated goods climbed**. At the start of the week, core inflation stood at -0.2% WoW, lower than the revised 1.0% WoW increase recorded in the previous period. Additionally, the monthly figure showed a 2.4% MoM rise, remaining largely in line with the previous week's estimate. Similarly, seasonal goods remained stable at -0.2% WoW, underperforming the prior period’s 0.2% WoW variation. On a monthly basis, seasonal goods posted a 0.4% MoM increase, slightly exceeding the previous week’s 0.3% MoM. In contrast, regulated goods climbed by 1.9% WoW, reflecting adjustments in private healthcare plans, telecommunications, electricity and gas tariffs, and education, surpassing the earlier 1.0% WoW uptick. As a result, the monthly rate reached 4.0% MoM, closely aligning with the previously reported 3.9% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, both dollarized and non-dollarized goods mitigated.** Non-dollarized goods registered a -1.8% WoW change, underperforming the revised 2.5% WoW increase observed in the previous period. At the same time, the monthly data showed a 3.3% MoM rise, surpassing the prior revision of 2.8% MoM. In parallel, dollarized goods recorded a 0.4% WoW increase, remaining in line with the preceding week's 0.5% WoW figure. Meanwhile, the monthly rate for dollarized goods stood at 2.5% MoM, coming in below the previously reported 2.9% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages eased**. The most recent data shows that Food & Beverages recorded a -0.2% WoW variation, lagging behind the revised 1.5% WoW increase observed in the previous week. Meanwhile, the monthly figures indicate a 4.0% MoM rise, slightly below the previously revised 4.2% MoM.

**The distribution of price changes continued to improve.** Around 15% of the analyzed prices consistently recorded monthly growth rates of at least 4%. Furthermore, the data indicates that 5% of these prices saw increases of 10% or more. Consequently, nearly 75% of prices exhibited monthly gains of less than 2%.
@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - March 12th 2025

Argentina: Oil & Gas - Producción de Gas

por Producto

por Origen/Destino

Argentina: Oil & Gas - Mercado Externo Crudo y Derivados

Gasoducto

Distribuidora

Usuario

Rama de Actividad

Argentina: Oil & Gas - Transporte de Gas

Petróleo - por Cuenca

por Yacimiento

Gas - por Cuenca

Argentina: Oil & Gas - Reservas de Petróleo y Gas

Mensual

Anual

Argentina: Oil & Gas - Actividad de Fractura Petróleo y Gas

Argentina: Oil & Gas - Precios de Gas Natural

Internacionales & Locales

Argentina: Oil & Gas - Precios de Petróleo Crudo

Datos diarios

por Localidad

Argentina: Oil & Gas - Precios en Surtidores

Argentina: Oil & Gas - Mercado Externo Gas natural y GNL 

# **Alphacast High Frequency CPI: Inflation was 0.8% WoW**

**Weekly inflation remained stable**. As outlined in the latest weekly report, consumer prices rose by 0.8% WoW, closely matching the 0.7% WoW increase recorded in the preceding week. At the same time, the monthly figures indicated a 2.5% MoM rise, aligning almost exactly with the previously reported 2.4% MoM. As a result, the annual inflation rate remained in double digits at 56.5% YoY, falling from the previous figure of 63.0% (revised) YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal products and regulated items increased, whereas core inflation mitigated.** Core inflation reached 0.8% WoW at the start of the week, slightly lower than the 1.0% WoW uptick recorded in the previous period. Furthermore, the monthly reading showed a 2.5% MoM increase, remaining largely consistent with the figure reported in the prior week. Conversely, seasonal goods held steady at 0.2% WoW, below the 0% WoW variation from the previous period. On a monthly basis, seasonal goods registered a 0.3% MoM change, marginally surpassing the prior week’s 0% MoM. Similarly, regulated goods rose by 1.0% WoW, reflecting fuel and gasoline price adjustments, and outpacing the earlier 0.5% WoW increase. Consequently, the monthly rate reached 3.9% MoM, above the previously recorded 3.4% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, non-dollarized climbed while dollarized goods slowed down.** Non-dollarized goods registered a 1.8% WoW increase, higher than the revised 1.2% WoW recorded in the previous week. On a monthly basis, the data indicated a 2.6% MoM rise, superior to the earlier 1.9% MoM revised rate. Meanwhile, dollarized goods registered a 0.5% WoW increase,  inferior to the prior week's figure of 1.1% WoW. Additionally, the monthly rate for dollarized goods stood at 2.9% MoM,  below the previously 3.4% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages eased**. The latest data indicates that Food & Beverages rose by 1.2% WoW, falling short of the revised 1.6% WoW increase registered in the prior week. Meanwhile, the monthly figures reflect a 4.1% MoM growth, unchanged from the previously revised data.

**The distribution of price changes continued to envolving.** Approximately 14% of the analyzed prices consistently registered monthly growth rates of at least 4%. Additionally, the data reveals that 4% of these prices experienced increases of 10% or more. As a result, nearly 76% of prices showed monthly gains below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - March 6th 2025

# Alphacast High Frequency CPI: Inflation was 2.3% MoM in February

**Inflation maintained its level during February**. In the reference month, inflation rose by 2.3% MoM, consistent with January’s rate, marking the third consecutive month below 3%. This slowdown brought annual inflation down to 67.1% YoY, remaining below triple digits. Despite the government's slower pace of devaluation, inflationary pressures persisted, partly driven by rising meat prices (6.9% MoM) and related products. Additionally, factors such as the start of the school year and healthcare costs likely influenced the reading. However, these pressures were somewhat mitigated by the reduction of the crawling peg and the continued impact of the December removal of the PAIS tax.

**In the reference month, prices for seasonal and regulated items eased, while core inflation saw a slight increase.** In the second month of 2025, core inflation pointed to a  2.4% MoM increase, a marginal uptick from the 2.2% MoM observed in January. In contrast, seasonal prices recorded a modest -0.1% MoM variation, similar to the -0.2% MoM registered during the previous month. Regulated prices, however, rose by 3.4% MoM, which was below the 3.9% MoM rise reported in the previous period. Additionally, core inflation accounted for 1.4 percentage points of the overall Consumer Price Index (CPI), while regulated prices contributed 0.9 percentage points, and seasonal items had no contribution. If regulated prices had remained unchanged, the inflation rate would have been approximately 1.4% MoM.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**From February to March, the carry-over effect on the Consumer Price Index (CPI) was 1.0%**, slightly below the revised 1.1% noted the previous month. At the same time, the 4-week end-of-period inflation rate remained steady at 2.3%, consistent with the figure from the preceding period.

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest&country=Argentina-0~Argentina-1

**The market survey analysts revised their projections downward.** As inflation stabilizes, analysts projected a 2.1% price increase for February. Moreover, projections for 2025 were slightly lowered from 25.9% to 23.2%, reflecting a 2.7 percentage point decrease compared to the previous REM. Similarly, forecasts for 2026 were adjusted marginally downward from 15.3% to 15.0%. Additionally, estimates for 2027 indicate that inflation could decline to 9.4%, suggesting Argentina may once again experience single-digit annual inflation.

@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 2.3% MoM in February

# **Alphacast High Frequency CPI: Inflation was 0.7% WoW**

**Weekly inflation rose**. According to the most recent weekly report, consumer prices advanced by 0.7% WoW, superior to the 0.2% WoW uptick registered in the previous week. Meanwhile, the monthly data showed a 2.4% MoM increase, nearly in line with the earlier reported 2.3% MoM. Consequently, the annual inflation rate remained in double digits at 62.9% YoY, lower than the prior value of 65.2% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal products and regulated items moderated, whereas core inflation increased.** At the start of the week, core inflation stood at 1.0% WoW, significantly exceeding the 0.1% WoW uptick recorded in the prior week. Moreover, the monthly figure registered a 2.5% MoM increase, closely mirroring the value reported in the preceding week. Conversely, seasonal goods remained unchanged at 0% WoW, falling short of the revised 0.3% WoW increase from the previous period. On a monthly basis, seasonal goods recorded a 0% MoM variation, slightly surpassing the prior week’s figure of -0.3% MoM. Similarly, regulated goods advanced by 0.5% WoW, consistent with the previous WoW increase. Consequently, the monthly rate stood at 3.4% MoM, nearly in line with the previously reported 3.3% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, both non-dollarized and dollarized goods climbed.** Non-dollarized goods registered a 1.1% WoW increase, lower than the revised 1.5% WoW recorded in the previous week. On a monthly basis, the data indicated a 1.8% MoM rise, lagging behind the earlier 2.2% MoM rate. Meanwhile, dollarized goods showed a 1.1% WoW increase, exceeding the prior week's revised figure of -0.2% WoW. Additionally, the monthly rate for dollarized goods stood at 3.4% MoM, slightly below the previously revised 3.6% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages surged**. According to the latest data, Food & Beverages increased by 1.5% WoW, higher than the revised 0.4% WoW rise recorded the previous week. Meanwhile, the monthly figures show a 4.1% MoM growth, exceeding the earlier revised data of 3.7% MoM.

**The distribution of price changes continued to adjust over time.** Around 15% of the analyzed prices consistently exhibited monthly growth rates of no less than 4%. Furthermore, the data indicates that 4% of these prices saw increases of 10% or higher. Consequently, nearly 80% of prices recorded monthly rises of under 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - February 26th 2025

Charts

Georgetown University - Latin America in the Global Economy - Charts & Dashboards

Georgetown University

PPT Trade 2025

# **Alphacast High Frequency CPI: Inflation was 0.2% WoW**

**Weekly inflation mitigated**. The most recent weekly report reveals that consumer prices increased only by 0.2% WoW, below the 0.7% WoW (revised) recorded in the prior week. Furthermore, monthly data registered a 2.3% MoM rise, aligning with the previously reported 2.2% MoM. As a result, the annual inflation rate persisted in double digits at 65.2% YoY,  lower than the earlier revised rate of 67.0% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal products experienced an increase, whereas core inflation and regulated prices remained stable.** Core inflation began the week at 0.1% WoW, notably lower than the revised 0.3% WoW increase recorded in the previous week. Additionally, the monthly figure showed a 2.5% MoM rise,  similar to the 2.5% MoM reported in the prior week. In contrast, seasonal goods exhibited a 0.2% WoW change, differing from the previous rate of 0% WoW. On a monthly scale, seasonal goods showed a -0.3% MoM variation, consistent with the prior week’s figure of -0.5% MoM. Conversely, regulated goods increased by 0.5% WoW, which was lower than the earlier 2.0% WoW rise. As a result, the monthly rate reached 3.3% MoM, closely aligning with the previously noted 3.2% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, non-dollarized goods rose, while dollarized goods eased.** Non-dollarized goods posted a -0.3% WoW variation, inferior to the previous week’s 0.3% WoW (revised). On a monthly scale, the data showed a 2.2% MoM rise, falling short of the earlier 2.8% MoM rate. Meanwhile, dollarized goods poited a 1.5% WoW rise, above the prior week's 0.2% WoW. Moreover, the monthly rate for dollarized goods reached 3.5% MoM, surpassing the previously recorded 3.2% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages tempered**. According to the latest data, Food & Beverages showed no WoW change, lower than the revised 0.5% WoW rise recorded the previous week. Meanwhile, the monthly figures show a 3.6% MoM growth, exceeding the earlier reported 3.3% MoM.

**The distribution of price changes continued to adjust over time.** Approximately 16% of the analyzed prices consistently recorded monthly growth rates of at least 4%. Additionally, the data reveals that 4% of these prices experienced rises of 10% or more. As a result, nearly 74% of prices registered monthly increases below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - February 19th 2025

# **Alphacast High Frequency CPI: Inflation was 0.8% WoW**

**Weekly inflation rose slightly**. The most recent weekly report reveals that consumer prices increased by 0.8% WoW, marginally exceeding the 0.6% WoW recorded in the prior week. Moreover, monthly data shows a 2.2% MoM rise, aligning with the previously reported 2.1% MoM. As a result, the annual inflation rate persisted in double digits at 67.1% YoY,  lower than the earlier estimated 69.3% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal items and core inflation held steady, whereas regulated items climbed.** Core inflation started the week at 0.4% WoW, significantly below the 0.9% WoW increase observed the previous week. Furthermore, the monthly figure registered a 2.5% MoM rise, exceeding the prior week’s 2.3% MoM. Meanwhile, seasonal goods showed no WoW variation, in contrast to the previous rate of -0.1% WoW. On a monthly basis, seasonal goods pointed to a -0.5% MoM variation, in line with the previous week’s value. Conversely, regulated goods rose by 2.0% WoW due to increases in prepaid healthcare, telecommunications, fuel, and gas and electricity tariffs, surpassing the earlier 0.5% WoW rise. Consequently, the monthly rate stood at 3.2% MoM, closely matching the previously reported 3.1% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, non-dollarized goods eased, while dollarized goods increased.** Non-dollarized goods posted a 0.2% WoW increase, exceeding the previous week’s -0.7% WoW fluctuation. On a monthly scale, the data reflected a 2.8% MoM rise, falling short of the earlier 3.2% MoM rate. Meanwhile, dollarized goods saw a 0.4% WoW variation, improving on the prior week's -1.3% WoW. Meanwhile, the monthly rate for dollarized goods reached 3.2% MoM, surpassing the previously recorded 2.5% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages mitigated**. According to the latest data, Food & Beverages experienced a 0.4% WoW uptick, below the 1.6% WoW increase observed the prior week. At the same time, the monthly data reveals a 3.3% MoM expansion, surpassing the previously reported 2.7% MoM.

**The distribution of price changes continued to adjust over time.** Around 17% of the analyzed prices consistently exhibited monthly growth rates of at least 4%. Moreover, the data indicates that 5% of these prices experienced increases of 10% or higher. Consequently, nearly 72% of prices saw monthly gains of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - February 12th 2025

# **Alphacast High Frequency CPI: Inflation was 0.6% WoW**

**Weekly inflation remained stable**. The latest weekly report indicates that consumer prices rose by 0.6% WoW, closely mirroring the 0.5% WoW recorded the previous week. Similarly, monthly data reflects a 2.1% MoM increase, consistent with the previously reported figure. Consequently, the annual inflation rate remained in double digits at 69.3% YoY, slightly below the earlier estimate rate of 77.4% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, seasonal items and regulated goods held steady, while core inflation increased.** Core inflation began the week at 0.9% WoW, surpassing the revised 0.7% WoW increase recorded the previous week. Likewise, the monthly figure showed a 2.3% MoM rise, closely aligning with the prior week's 2.2% MoM. Meanwhile, seasonal goods registered a 0.1% WoW increase, exceeding the previously observed rate of -0.1% WoW. On a monthly basis, seasonal goods declined by -0.6% MoM, underperforming the prior week's -0.4% MoM. At the same time, regulated goods advanced by 0.5% WoW, unchanged from the previous week. Consequently, the monthly rate stood at 3.1% MoM, slightly below the earlier reported 3.4% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, non-dollarized goods and dollarized goods eased.** Non-dollarized goods registered a -0.6% WoW variation, falling below the previous week’s 0.3% WoW variation. On a monthly basis, the data showed a 3.2% MoM increase, lower than the earlier rate of 3.4% MoM. Similarly, dollarized goods recorded a 1.3% WoW change, inferior to the prior week's 1.5% WoW. Meanwhile, the monthly rate for dollarized goods stood at 2.5% MoM, surpassing the previously reported 1.8% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages climbed**. The latest data indicates that Food & Beverages registered a 1.6% WoW rise, exceeding the previous week’s 1.2% WoW increase. Meanwhile, the monthly data reflect a 2.7% MoM growth, superior to the earlier 2.3% MoM rate.

**The distribution of price changes kept adjusting over time.** Approximately 16% of the analyzed prices consistently exhibited monthly growth rates of at least 4%. Furthermore, the data indicates that 5% of these prices recorded increases of 10% or more. Consequently, nearly 71% of the prices experienced monthly gains of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - February 5th 2025

# Alphacast High Frequency CPI: Inflation was 2.3% MoM in January

**Inflation held steady during January**. In the reference month, Inflation registered a 2.3% MoM increase, consistent with December's rate of 2.2% MoM, marking the second consecutive month below the 3% threshold. This deceleration brought the annual inflation rate down to 85.8% YoY, remaining below triple digits. This trend reflects the alignment with the ongoing crawling peg before February’s slowdown in managed devaluation, the impact of food and beverage prices, and utility rate adjustments below inflation which helped contain price increases.

**During the reference month, seasonal items and regulated goods showed signs of easing, whereas core inflation rose.** During the first month of 2025, core inflation increased by 2.2% MoM, surpassing the previous 1.2% MoM rise. In contrast, seasonal prices registered a negative -0.2% MoM, below the prior month’s 1.2% MoM increase, while regulated items saw a 3.9% MoM rise, lower than the previous 4.9% MoM increase. Furthermore, core inflation contributed 1.3 percentage points to the overall Consumer Price Index (CPI), while regulated prices added 1.0 pp and seasonal items contributed 0 pp. Without changes in regulated prices, the inflation rate would have been around 1.3% MoM.

**Between January and February, the carry-over effect on the Consumer Price Index (CPI) was 1.0%**, inferior to the 1.1% observed the previous month. Meanwhile, the 4-week end-of-period inflation rate reached 2.2%, lower than the 2.5% MoM recorded in the preceding period.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation remained stable in the final  week of January**. Over the week, consumer prices increased by 0.5% WoW, aligning with the revised figure from the previous period. The four-week average for monthly inflation stood at 2.1% MoM, lower from the revised 2.2% MoM in the prior period. On an annual basis, inflation reached 77.4% YoY, below the previously revised 80.2% YoY. Seasonal goods and core inflation increased, registering a 0.1% WoW and 0.7% WoW, respectively, in contrast to the prior week's values of -0.1% WoW and 0.6% WoW. Regulated items advanced by 0.5% WoW, maintaining the same pace as in the previous week. Regarding monthly figures, seasonal goods pointed to -0.4% MoM, falling below the last revised 0.2% MoM. Core inflation edged up to 2.2% MoM, in line with the revised prior rate. Meanwhile, regulated items expanded by 3.4% MoM, a moderation from the previously revised 3.7% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest

**Experts scaled back their inflation expectations for the current year.** With inflation showing signs of stabilization, price expectations for January stand at 2.5% MoM. Projections for 2025 have been slightly lowered from 28.1% to 25.9%, while projections for 2026 have been revised downward from 18% to 15.3%, marking a 2.7 percentage point decline compared to the previous REM. Additionally, estimates for 2027—surveyed for the first time—suggest inflation could reach as low as 10%.

@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 2.3% MoM in January

# **Alphacast High Frequency CPI: Inflation was 0.5% WoW**

**Weekly inflation escalated**. The most recent weekly report reveals that consumer prices increased by 0.5% WoW, surpassing the revised 0.3% WoW recorded the prior week. Likewise, the monthly data shows a 2.5% MoM increase, consistent with the previously reported 2.4% WoW (revised). As a result, the annual inflation rate persisted in double digits at 80.8% YoY, lower than the earlier revised figure of 83.1% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, seasonal items and regulated goods held steady, while core inflation increased.** Core inflation started the week at 0.6% WoW, exceeding the revised 0.3% WoW increase recorded the previous week. Similarly, the monthly figure registered a 2.2% MoM rise, surpassing the prior week's revised 1.9% MoM. Seasonal goods, meanwhile, posted a -0.1% WoW variation, matching the rate observed earlier. On a monthly basis, seasonal goods grew by 0.2% MoM, falling short of the previous week's 0.7% WoW. At the same time, regulated goods rose by 0.5% WoW, unchanged from the prior week. As a result, the monthly rate reached 4.4% MoM, slightly below the 4.5% MoM reported earlier.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, non-dollarized goods and dollarized goods climbed**. Non-dollarized goods saw a 1.3% WoW increase, outpacing the previous week’s revised 1.0% WoW variation. On a monthly scale, the data reflected a 2.8% MoM rise, exceeding the earlier revised rate of 2.1% MoM. Similarly, dollarized goods recorded a 0.4% WoW change, above the prior week's revised 0.1% WoW figure. Meanwhile, the monthly rate for dollarized goods reached 1.3% MoM, nearly matching the previously reported 1.4% MoM (revised).

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages increased**. The latest data indicates that Food & Beverages registered a 0.6% WoW variation, exceeding the previous week’s revised 0.2% WoW increase. Meanwhile, the monthly data reflect a 2.3% MoM growth, nearly matching the earlier revised 2.2% MoM rate.

**The distribution of price changes continued to evolve.** Around 18% of the examined prices consistently displayed monthly growth rates of at least 4%. Additionally, the data shows that 5% of these prices registered increases of 10% or more. As a result, nearly 70% of the prices saw monthly gains below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - January 22nd 2025

# **Alphacast High Frequency CPI: Inflation was 0% WoW**

**Weekly inflation moderated**. The latest weekly report indicates that consumer prices held steady at 0% WoW, lower than the 1.1% WoW recorded the previous week. Similarly, the monthly data reflects a 2.3% MoM rise, in line with the previous rate. Consequently, the annual inflation rate remained in double digits at 82.5% YoY, below the 93.2% YoY reported earlier.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal items, regulated goods and core inflation remained stable**. Core inflation began the week with a -0.3% WoW, contrasting with the 0.9% WoW increase observed the previous week. In parallel, the monthly figure showed a 1.7% MoM increase, unchanged from the previous week's result. Seasonal goods, in turn, recorded a negative -0.1% WoW variation,  compared to the -0.8% WoW recorded earlier. On a monthly scale, seasonal goods expanded by 0.7% MoM, slightly below the previous week's 1.0% WoW. Meanwhile, regulated goods experienced a 0.5% WoW increase,  inferior to the prior 2.5% WoW rise. Consequently, the monthly rate stood at 4.5% MoM,  under the 4.7% MoM from the previous report.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified week, non-dollarized goods and dollarized goods mitigated**. Non-dollarized goods posted a 0.1% WoW increase, trailing the previous week’s revised 0.7% WoW variation. On a monthly scale, the data reflected a 1.8% MoM rise, slightly below the earlier revised rate of 1.9% MoM. Similarly, dollarized goods recorded a -0.4% WoW change, underperforming the prior week's revised 0.7% WoW figure. Meanwhile, the monthly rate for dollarized goods reached 1.3% MoM, falling short of the previously reported 1.6% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages eased**. According to the most recent data, Food & Beverages recorded a negative -0.4% WoW, which is below the previous week’s revised 0.4% WoW increase. Meanwhile, the monthly data reflect a 2.0% MoM growth, nearly matching the earlier revised 2.1% MoM rate.

**The distribution of price changes continued changing.** Approximately 15% of the analyzed prices consistently showed monthly growth rates of at least 4%. Moreover, the data reveals that 5% of these prices registered increases of 10% or more. As a result, nearly 72% of the prices recorded monthly gains below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - January 15th 2025

# **Alphacast High Frequency CPI: Inflation was 1.1% WoW**

**Weekly inflation surged**. According to the most recent weekly report, consumer prices rose by 1.1% WoW, a notable jump from the 0.5% WoW recorded in the previous week. In the same vein, the monthly figures show a 2.3% MoM increase, which is consistent with the prior 2.2% MoM rise. As a result, the annual inflation rate remained in double digits at 93.1% YoY,  which is lower than the previously reported 97.6% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, seasonal goods tempered, whereas regulated goods and core inflation increased**. At the beginning of the week, core inflation reached 0.9% WoW, exceeding the previous week’s 0.6% WoW rise. Monthly data showed a 1.6% MoM increase, surpassing the earlier figure of 1.3% MoM. Meanwhile, seasonal goods reported a negative -0.8% WoW figure, falling short of the 0.4% WoW growth recorded in the prior week. On a monthly scale, seasonal goods achieved a 1.0% MoM rise, slightly lower than the previous week’s result of 1.2% WoW. Furthermore, regulated goods registered a 2.5% WoW increase, driven by hikes in gas, water, electricity, fuel, telecommunications, and prepaid services, significantly above the previously observed rate of 0.5%. Consequently, monthly data rose to 4.7% MoM, closely aligning with the prior rate of 4.8% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified period, non-dollarized goods and dollarized goods climbed**. Non-dollarized goods recorded a 1.1% WoW increase, exceeding the previous week’s 0.5% WoW variation. On a monthly basis, the data showed a 2.0% MoM rise, slightly surpassing the earlier rate of 1.5% MoM. Conversely, dollarized goods registered a 0.6% WoW increase, higher than the null WoW figure observed in the prior week. Monthly data for dollarized goods indicated a 1.6% MoM growth, falling below the 1.9% MoM rate previously reported.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages remained stable**. The most recent data indicate that Food & Beverages experienced a 0.6% WoW increase, which is slightly beneath the previous week’s 0.7% WoW rise. Moreover, the monthly figures reveal a 2.2% MoM growth, which is above the earlier rate of 1.9% MoM.

**The distribution of price changes remained volatile.** 
Roughly 16% of the analyzed prices consistently displayed monthly growth rates of at least 4%. Additionally, the data indicates that 6% of these prices achieved growth rates equal to or exceeding 10%. Consequently, almost 71% of the prices experienced monthly increases of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - January 8th 2025

# Alphacast High Frequency CPI: Inflation was 2.2% MoM in December

**Inflation declines further in December.** Inflation dropped to 2.2% MoM, a notable decrease from November’s rate of 3.0% MoM, marking a second consecutive month below the 3% threshold. This slowdown brought the annual inflation rate to 125.4% YoY, nearly 80 percentage points lower than the cumulative inflation for 2023. Despite seasonal price pressures typically observed at year-end, particularly in food and beverages, this category rose by just 1.9% MoM. The decline was partially attributed to the recent removal of the PAIS Tax, which eased prices in certain subcategories.

**In the reference month, seasonal items and core inflation showed signs of easing, whereas regulated goods rose.** In the final month of 2024, core inflation rose by 1.2% MoM, lower than the previous 3.1% MoM. Meanwhile, seasonal prices rose by 1.1% MoM, matching the rate from the previous month, and regulated items climbed by 4.9% MoM increase, higher than the last 4.1% MoM figure.
Core inflation contributed 0.7 percentage points to the overall Consumer Price Index (CPI), while regulated prices added 1.3 pp and seasonal items contributed 0.2 pp. Without changes in regulated prices, the inflation rate would have been around 0.9% MoM.

**From December to January, the carry-over effect on the Consumer Price Index (CPI) was 1.1%**, up from the revised 0.8% in the previous month. Meanwhile, the end-of-period (4-week) inflation rate reached 2.5%, compared to the 2.3% MoM (revised) from the prior period.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation surged during the final  week of December**. Over the week, consumer prices rose by 0.5% WoW, exceeding the revised 0.3% WoW from the prior period. The monthly inflation average for the last four weeks stood at 2.2% MoM, slightly above the revised 2.1% MoM of the previous period. Annual inflation returned to double digits, reaching 97.6% YoY, below the revised 103.1% YoY from the prior calculation. Seasonal goods and core inflation showed an uptick, registering 0.4% WoW and 0.6% WoW, respectively, compared to the revised prior week’s figures of 0.3% WoW and 0.2% WoW. Regulated items recorded a 0.5% WoW rise, consistent with the previous week’s data. For monthly figures, seasonal goods rose by 1.2% MoM, aligning closely with the revised 1.1% MoM. Core inflation climbed to 1.3% MoM, surpassing the revised 1.1% MoM. Meanwhile, regulated items registered a 4.8% MoM growth, identical to the previous value.
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest

**Inflation expectations in Argentina continue to ease, though projections for 2024 remain high at over 118%.** With inflation stabilizing, price expectations for December are estimated at 2.9% MoM. Projections for 2024 have been slightly revised downward from 120% to 118.8%. Similarly, expectations for 2025 inflation have been adjusted downward from 31.4% to 28.1%—a reduction of 90.7 percentage points compared to 2024 forecasts.

@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 2.2% MoM in December

# **Alphacast High Frequency CPI: Inflation was 0% WoW**

**Weekly inflation eased**. The newest data from the weekly report shows consumer prices holding steady with a 0% WoW change, a sharp contrast to the 0.5% WoW (revised) rise reported in the preceding week. Similarly, monthly data reflect a 2.0% MoM growth, which is marginally below the 2.2% MoM increase registered in the prior data. Consequently, the annual inflation rate stays at 102.5% YoY, lower than the earlier figure of 115.4% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, all three categories—seasonal goods, regulated goods, and core inflation— moderated**. At the start of the week, core inflation showed a negative -0.2% WoW, falling below the 0.5% WoW increase recorded in the previous week. Monthly data revealed a 0.9% MoM rise, lower than the earlier figure of 1.3% MoM. Meanwhile, seasonal goods documented a 0.2% WoW increase, inferior to the revised 0.4% WoW growth registered the prior week. On a monthly basis, seasonal goods maintained a 1.0% MoM rise, consistent with the previous week’s results. Additionally, regulated goods recorded a 0.5% WoW increase, aligned with the rate observed earlier, leading to a steady 4.8% MoM growth for the month compared to the prior week.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified period, non-dollarized goods and dollarized goods remained stable**. Non-dollarized goods registered a 1.3% WoW increase, nearly identical to the variation observed in the previous week (1.4% WoW -revised). On a monthly scale, the data indicated a 2.0% MoM increase, slightly below the earlier 2.3% MoM rate. In contrast, dollarized goods registered a -0.6% WoW fluctuation, significantly lower than the 0.3% WoW rise recorded in the preceding week. Monthly figures for dollarized goods reflected a 1.8% MoM growth, falling short of the revised 2.3% MoM increase reported previously.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages softened**. The most recent data indicate that Food & Beverages experienced a negative -0.4% WoW variation, which is beneath the previous week’s 0.7% WoW rise (revised). Moreover, the monthly figures reveal a 1.3% MoM growth, which is once again below the earlier revised rate of 1.6% MoM.

**The distribution of prices changes remained volatile.** Approximately 19% of the analyzed prices consistently exhibited monthly growth rates of no less than 4%. Furthermore, the data reveals that 8% of these prices achieved growth rates of 10% or higher. As a result, nearly 69% of the prices recorded monthly increases below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - December 25th 2024

# **Alphacast High Frequency CPI: Inflation was 0.4% WoW**

**Weekly inflation mitigated**. According to the most recent weekly analysis, consumer prices advanced by 0.4% WoW, substantially lower than the 1.1% WoW growth registered in the preceding week. At the same time, monthly figures show a 2.2% MoM rise, which is below the prior month’s 2.5% MoM growth.  Consequently, the annual inflation rate now stands at 115.4% YoY, inferior to the previously reported rate of 139.5% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, all three categories—seasonal goods, regulated goods, and core inflation— remained stable**. Core inflation recorded a 0.5% WoW increase at the start of the week, unchanged from the prior week’s rate. Monthly data showed a 1.3% MoM rise, which is lower than the earlier 1.8% MoM figure. At the same time, seasonal goods experienced a 0.3% WoW uptick, aligning with the previous week’s level. On a monthly scale, seasonal goods sustained a 1.0% MoM growth, mirroring the preceding week’s data. Additionally, regulated goods registered a 0.5% WoW rise, significantly below the 2.9% WoW increase observed earlier. This brought the monthly rate for regulated goods to 4.8% MoM, which remained steady compared to the prior week.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified period, non-dollarized goods experienced an uptick whereas dollarized goods eased**. Non-dollarized goods registered a 1.3% WoW increase, contrasting with the -0.5% WoW variation observed in the previous week. On a monthly basis, the data revealed a 2.3% MoM rise, which is below the earlier 2.9% MoM rate. Conversely, dollarized goods recorded a 0.3% WoW growth, notably lower than the 1.2% WoW increase from the preceding week. Monthly figures for dollarized goods showed a 2.2% MoM uptick, falling short of the prior 2.9% MoM growth.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages tempered**. The most recent data indicate that Food & Beverages experienced a 0.6% WoW increase, slightly lower than the previous week’s 0.8% WoW variation. Additionally, the monthly figures reveal a 1.5% MoM growth, which is once again below the earlier 1.9% MoM rate.

**The trend in price changes remained variable.** Roughly 20% of the examined prices consistently reported monthly growth rates of at least 4%. Moreover, the data highlights that 6% of these prices attained growth rates of 10% or above. Consequently, close to 69% of the prices reflected monthly increases under 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - December 18th 2024

# **Alphacast High Frequency CPI: Inflation was 1.1% WoW**

**Weekly inflation experienced an uptick**. In the most recent weekly report, consumer prices rose by 1.1% WoW, compared to the prior week's flat growth of 0% WoW. Concurrently, monthly data reveal an increase of 2.5% MoM, slightly lower than the previous rate of 2.9% MoM. Consequently, the annual inflation rate now stands at 139.5% YoY, which is inferior to the earlier figure of 152.6% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, all three categories—seasonal goods, regulated goods, and core inflation— increased**. Core inflation began the week with a 0.5% WoW rise, surpassing the -0.2% WoW variation noted in the preceding week. Monthly data indicated a 1.8% MoM increase,  lower than the earlier rate of 2.5% MoM. Concurrently, seasonal goods rose by 0.3% WoW, slightly exceeding the stagnant 0% WoW growth of the previous week. On a monthly basis, seasonal goods maintained a 1.0% MoM rise, consistent with the prior week’s figures. Similarly, regulated goods experienced a 2.9% WoW uptick, attributed to increases in electricity, water, gas, fuel, and healthcare costs, compared to the earlier growth of 0.5% WoW. This pushed the monthly rate for regulated goods to 4.8% MoM, similar to the previous week’s level.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified period, non-dollarized goods aexperienced a slowdown whereas dollarized goods surged**. Non-dollarized goods recorded a -0.5% WoW change, compared to the 0.1% WoW growth seen in the preceding week. Monthly data indicated a 2.9% MoM increase, falling short of the earlier 3.9% MoM rate. Similarly, dollarized goods showed a 1.2% WoW rise, surpassing the previous 0.2% WoW figure. On a monthly scale, dollarized goods grew by 2.9% MoM, lower than the earlier 3.3% MoM growth rate.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages elevated**. According to the latest figures, Food & Beverages registered 0.8% WoW, significantly above the prior week's -0.2% WoW change. Furthermore, the monthly data show a 1.9% MoM growth, once again beneath the previous reading of 2.5%.

**The distribution of price changes has remained dynamic.** Around 22% of the analyzed prices consistently displayed monthly growth rates of 4% or more. Additionally, the data indicates that 6% of these prices achieved growth rates of 10% or higher. Consequently, nearly 66% of the prices recorded monthly increases of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - December 11th 2024

# **Alphacast High Frequency CPI: Inflation was 0.5% WoW**

**Weekly inflation mitigated**. In the most recent weekly report, consumer prices rose by 0.5% WoW, inferior to the prior week’s 1.0% WoW increase. At the same time, monthly data indicate a rise of 3.1% MoM, marginally exceeding the earlier figure of 2.9% MoM (revised). As a result, the annual inflation rate has reached 182.2% YoY, which is below the revised rate of 187.1% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, regulated items moderated, while seasonal goods and core inflation increased**. At the beginning of the week, core inflation registered a 0.6% WoW increase, exceeding the adjusted 0.3% WoW rise recorded in the prior week. The monthly data reflected a 3.4% MoM growth rate, surpassing the previous figure of 3.3% MoM. In parallel, seasonal goods experienced a 0.3% WoW increase, marginally higher than the earlier 0.2% WoW growth. On a monthly basis, seasonal goods advanced by 1.1% MoM, consistent with the prior week’s rate. Conversely, regulated goods exhibited a 0.5% WoW rise, significantly below the previous 2.9% WoW surge. This brought the monthly rate for regulated goods to 3.7% MoM, exceeding the prior 3.2% MoM.


@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**"Throught the specified period, both dollarized and non-dollarized climbed. the specified period, both dollarized and non-dollarized climbed**. Early in the week, non-dollarized items experienced a 0.4% WoW rise, outpacing the prior week's adjusted 0.2% WoW increase. Monthly figures revealed a 5.0% MoM growth for these items, aligning with the data from the previous week. Likewise, dollar-denominated goods showed a 0.6% WoW increase, slightly exceeding the preceding week’s revised 0.5% WoW. The monthly growth rate for dollar-priced goods remained stable at 3.3% MoM, surpassing the earlier 2.9% figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages eased**. According to the latest figures, Food & Beverages registered a 0.4% WoW increase, slightly below the prior week's 0.6% WoW rise. Moreover, the monthly data show a 3.3% MoM growth, closely matching the previous reading.

**The distribution of price changes has remained dynamic.** Approximately 25% of the analyzed prices consistently exhibited monthly growth rates of 4% or higher. Furthermore, the data reveals that 7% of these prices reached growth rates of 10% or above. As a result, nearly 65% of the prices showed monthly increases below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - November 20th 2024

# **Alphacast High Frequency CPI: Inflation was 1.0 % WoW**

**Weekly inflation remained stable**. In the latest weekly publication, consumer prices increased by 1.0% WoW, matching the adjusted figure from the preceding week. Concurrently, the monthly data show a MoM rise of 3.1%, which is modestly higher than the revised 2.6% MoM recorded earlier. Consequently, the annual inflation rate now stands at 188.2% YoY, slightly lower than the previous rate of 190.1% YoY (revised).

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, regulated items and seasonal goods continued to climb, whereas core inflation showed a slight easing.**  At the start of the week, core inflation showed a 0.4% WoW rise, which was lower than the adjusted 1.4% WoW increase observed in the prior week. The monthly figures revealed a 3.7% MoM growth rate, higher than the revised prior reading of 3.1% MoM.  Meanwhile, seasonal goods posted a 0.2% WoW increase, slightly exceeding the previous gain of 0.1% WoW. On a monthly scale, seasonal goods grew by 1.1% MoM, closely aligning with the previous week’s rate of 1.0% MoM. Conversely, regulated goods surged by 2.9% WoW, driven by price hikes in sectors like telecommunications, utilities, fuel, and private healthcare, markedly above the earlier 0.5% WoW increase. Consequently, the monthly rate for regulated goods reached 3.2% MoM, surpassing the previous 2.7% MoM.


@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**During the specified period, both dollarized and non-dollarized items mitigated**.  Non-dollarized items registered a 0.1% WoW increase at the beginning of the week, significantly below the prior week's revised 1.7% WoW rise. Monthly figures indicated a 5.0% MoM increase for these items, slightly less than the previously adjusted rate of 5.3% MoM. Similarly, dollar-denominated goods showed a 0.6% WoW change, lower than the preceding week's revised increase of 1.2% WoW. For dollar-priced goods, the monthly rate remained steady at 2.9% MoM, which surpassed the previous week’s revised 2.0%.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages held steady**.  Based on the latest data, Food & Beverages recorded a 0.6% WoW increase, matching the revised value from the previous week. Additionally, the monthly figures indicate a 3.3% MoM growth, surpassing the earlier 2.8% MoM reading.

**The distribution of price changes has remained dynamic.** Around 27% of the analyzed prices consistently showed monthly growth rates of 4% or more. In addition, the data indicates that 8% of these prices achieved growth rates of 10% or greater. Consequently, nearly 60% of the prices experienced monthly increases of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - November 13th 2024

# **Alphacast High Frequency CPI: Inflation was 1.2 % WoW**

**Weekly inflation climbed**. In the most recent weekly report, consumer prices rose by 1.2% WoW, exceeding the previous week's revised increase of 0.8% WoW. Meanwhile, the monthly figures indicate a MoM growth of 2.7%, slightly above the prior 2.5% MoM (revised). As a result, the annual inflation rate has now reached 190.9% YoY, below the priorr evised rate of 198.0% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, core inflation surged, while regulated items and seasonal goods remained stable**. Core inflation marked a 1.9% WoW rise at the start of the week, exceeding the previous week’s adjusted 1.1% WoW increase. Monthly data indicated a 3.2% MoM growth rate, higher than the earlier reading of 2.7% MoM (revised). In contrast, regulated goods recorded a steady 0.5% WoW increase, consistent with the prior week. This brought the monthly rate for regulated goods to 2.7% MoM, slightly below the earlier 2.9% MoM. Seasonal goods, on the other hand, registered a 0.1% WoW, as opposed to the previous 0.3% WoW increase. On a monthly basis, seasonal goods increased by 1.0% MoM, matching the revised rate from the prior week.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified period, both dollarized and non-dollarized items rose**.  Non-dollarized items reported a 2.1% WoW increase at the start of the week, surpassing the revised 1.1% WoW rise recorded the prior week. Monthly data indicated a 5.4% MoM increase for these items, almost identical to the earlier revised value. Similarly, dollar-denominated goods posted a 1.5% WoW change, below the revised 1.0% WoW increase from the preceding week. The monthly figure for dollar-priced goods held steady at 2.1% MoM, exceeding the previous week’s revised 1.7%.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages remained high**.  According to the most recent figures, Food & Beverages posted a 1.0% WoW increase, identical to the prior revised value. Furthermore, monthly data shows a 2.8% MoM growth, superior to the prior 2.6% MoM reading (revised).

**The distribution of price changes has continued to change.** Approximately 21% of the prices analyzed consistently exhibited monthly growth rates of 4% or more. Furthermore, the data reveals that 7% of these prices reached growth rates of 10% or higher. As a result, nearly 60% of the prices recorded monthly increases of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - November 6th 2024

# Alphacast High Frequency CPI: Inflation was 2.5% MoM in October

**Inflation declined once again in October.** During this month, inflation reached 2.5% MoM, significantly below September’s rate of 3.9% MoM, thus once again falling below the 3% monthly threshold. This slowdown brought the annual inflation rate to 207.5% YoY compared to October 2023. Key factors of this deceleration include lower fuel and import prices, supported by moderate regulations, a reduction in the PAIS tax, and stability in tariffs and public services, which facilitated gradual alignment with the official exchange rate.

**In the reference month, all three categories—seasonal items, core inflation, and regulated goods—witnessed a softening.** Core inflation grew by 2.5% MoM, lower than the prior 3.1% MoM. Thus, seasonal prices climbed to 1.0% MoM, below the previous 2.1% MoM rate, while regulated items rose by 3.4% MoM, beneath the last 6.9% MoM data. 
Core inflation accounted for 1.5 percentage points of the overall Consumer Price Index (CPI), with regulated prices contributing 0.9 pp and seasonal items adding 0.2 pp. In the absence of regulated price changes, inflation would have been approximately 1.6% MoM. Additionally, food prices experienced a 1.8% MoM increase.

**Between October and November, the carry-over effect on the Consumer Price Index (CPI) was recorded at only 0.9%**, below  the revised 1.4% from the previous month. Meanwhile, the end-of-period (4-week) inflation rate was 1.9%, in contrast to the previously revised rate of 3.3% MoM.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation eased during the week of 30/10.** Over the week, consumer prices increased by 0.2% WoW, under the revised 0.9% WoW from the previous period. The monthly inflation average for the last four weeks was 2.3% MoM, compared to 2.6% MoM in the prior period. Annual inflation remained at 195.9% YoY, below the last revised 201.3% YoY. Both seasonal goods and regulated items displayed stable weekly fluctations at 0.3% WoW and 0.5% WoW, respectively, consistent with the previous week data. Core inflation recorded no change WoW, in contrast to the earlier 1.3% WoW. For monthly data, seasonal items rose 1.0% MoM (similar to the 0.9% MoM -revised), core inflation increased by 2.3% MoM (under the 2.7% MoM -revised), and regulated items registered a 2.9% MoM rise, inferior to the previous 3.5% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest

**The BCRA's survey indicates a slowdown in inflation, but projections for 2024 remain above 120%.** Following a new phase of deceleration, price expectations for October are reported at 3.4% MoM. Additionally, participants in the monthly survey anticipate inflation will remain below 4% for the rest of the year, starting in September. Consequently, inflation projections for 2024 have been slightly revised upward from 122.9% to 123.6%. Furthermore, expectations for price increases in 2025 have been adjusted downward from 38.4% to 35.0%.

@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 2.5% MoM in October

# **Alphacast High Frequency CPI: Inflation was 1.0 % WoW**

**Weekly inflation surged**.  According to the latest weekly report, consumer prices experienced a 1.0% WoW increase, which is substantially higher than the 0.2% WoW rise registered the prior week. In turn, monthly data displays a 2.6% MoM growth, just below the 2.9% MoM recorded earlier. Consequently, the current annual inflation rate now stands at 201.5% YoY, marginally lower than the previous figure of 205.3% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==
@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, core inflation rose, while regulated items and seasonal goods moderated.** At the start of the week, core inflation showed a 1.5% WoW increase, significantly exceeding the previous week's flat performance. Monthly data reflected a 2.7% MoM rise, nearly matching the previous reading (2.9% WoW). In contrast, regulated goods posted a 0.5% WoW increase, consistent with the prior week’s value. This brought the monthly rate for regulated goods to 3.5% MoM, which is lower than the previous 4.1% MoM. Additionally, seasonal goods registered a negative -0.2% WoW change, compared to the earlier 0.2% WoW increase. On a monthly scale, seasonal goods rose by 0.8% MoM, just below the earlier figure of 1.0% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Throughout the specified period, both dollarized and non-dollarized items experienced an increase.** At the start of the week, non-dollarized items registered a 2.1% WoW increase, surpassing the previous week's 1.2% WoW rise. Monthly data showed a 5.8% MoM increase for these items, slightly below the earlier 6.7% MoM figure. Similarly, dollar-denominated goods recorded a 1.2% WoW change, under the revised -0.7% WoW in the prior week. The monthly rate for dollar-priced goods remained at 1.4% MoM, matching the previous week's data.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for food and beverages spiked**. According to the most recent figures, Food & Beverages posted a 1.6% WoW increase, surpassing the previous week's -0.1% WoW change. Furthermore, monthly data shows a 2.7% MoM growth, inferior to the prior 2.9% MoM reading.

**The distribution of price changes has continued to enhance.** About 21% of the prices assessed consistently displayed monthly growth rates of 4% or greater. Moreover, the data shows that 5% of these prices achieved growth rates of 10% or higher. Thus, nearly 62% recorded monthly increases below 2%

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - October 23rd 2024

# **Alphacast High Frequency CPI: Inflation was 0.2 % WoW**

**Weekly inflation eased**. Recent weekly data indicates that consumer prices increased by just 0.2% WoW, significantly lower than the 0.5% WoW rise observed in the previous week. Consequently, monthly figures reveal a 2.9% MoM increase, slightly below the previous 3.2% MoM. This brings the current annual inflation rate to 205.3% YoY, slightly under the prior 211.6% YoY rate (revised).

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week, all three categories—core inflation, regulated items, and seasonal goods—remained stable.** At the beginning of the week, core inflation recorded no change WoW, lower than the previous week's 0.4% WoW increase. Monthly data indicated a 2.9% MoM rise, aligning closely with last figure. Similarly, regulated goods registered a 0.5% WoW increase, below the 1.1% WoW from the prior week. This brought the monthly rate for regulated goods to 4.1% MoM, compared to 4.7% MoM before. Moreover, seasonal goods registered a 0.2% WoW rise, nearly matching the last figure. On a monthly basis, seasonal goods rose by 1.0% MoM, slightly under the previous rate of 1.4% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**Over the course of the specified period, dollarized items mitigated, while non-dollarized items have rose.** At the beginning of the week, non-dollarized items showed a 1.2% WoW increase, significantly higher than the previous week's 0.3% WoW rise. Monthly data indicated a 6.7% MoM increase for these items, surpassing the earlier 5.8% MoM figure. In contrast, dollar-denominated goods recorded a -0.4% WoW variation, below the 0.5% WoW rise from the previous week. The monthly rate for dollar-priced goods stood at 1.4% MoM, slightly below the previous 1.9% MoM figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for Food and Beverages cooled down**.  The most recent data shows that Food & Beverages recorded a -0.1% WoW change, below the 0.2% WoW growth observed the week before.  On a monthly basis, there was a 2.9% MoM rise, compared to the prior 2.8% MoM figure.

**Price changes reflected a changing trend.** Approximately 20% of the prices analyzed consistently showed monthly growth rates of 4% or more. Furthermore, the data reveals that 7% of these prices experienced growth rates of 10% or more, whereas close to 68% maintained monthly increases under 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - October 16th 2024

# **Alphacast High Frequency CPI: Inflation was 0.5 % WoW**

**Weekly inflation remained stable**. According to recent weekly figures, consumer prices have risen by 0.5% WoW, remaining unchanged from the rate of the previous week. As a result, monthly statistics show a 3.2% MoM rise, which is marginally lower than the prior 3.4% MoM figure. This leads to the current annual inflation standing at 211.5% YoY, slightly inferior to the last revised figure of 219.3% YoY.

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**Throughout the reference week, core inflation and seasonal goods mitigated,  whereas regulated items registered a rise.** At the beginning of the week, core inflation rose by 0.4% WoW, lower than the 0.6% WoW observed in the prior week.  Monthly data indicated a 3.0% MoM rise, nearly in line with the previous month's figure. In a similar trend, seasonal goods recorded a 0.1% WoW increase, which is below the 0.3% WoW observed in the previous week. On a monthly basis, seasonal items rose by 1.4% MoM, which is marginally below the earlier 1.7% MoM rate. Conversely, regulated goods recorded a 1.1% WoW increase, exceeding the previous week's figure of 0.5% WoW. This uptick was driven by increases in transportation, prepaid services, electricity, and other services, alongside a decline in gas and fuel prices. Consequently, the monthly rate for regulated goods stood at 4.7% MoM, compared to the prior rate of 6.4% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**In the course of the specified period, dollarized items eased, while items that are not dollarized increased.** At the week's outset, non-dollarized items reflected a 0.3% WoW increase, substantially above the previous week's -0.1% WoW rate. On a monthly basis, the rate for these items stood at 5.8% MoM, outpacing the earlier 4.8% MoM figure. Conversely, dollar-denominated goods demonstrated a 0.5% WoW rise, which is lower than the 0.8% WoW reported the previous week. The monthly rate for dollar-priced items was recorded at 1.9% MoM, slightly beneath the prior 2.2% MoM figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for Food and Beverages cooled down**.  As per the most recent data, Food & Beverages experienced a 0.2% WoW rise, lower than the 0.6% WoW growth reported in the preceding week. On a monthly basis, the figures show a 2.8% MoM increase, marginally superior to the the earlier 2.6% MoM rate.

**Price changes exhibited a shifting trend.** Roughly 21% of the prices examined consistently displayed monthly growth rates of 4% or more. Moreover, the data suggests that only 5% of these prices achieved growth rates of 10% or higher, while close to 79% maintained monthly increases of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - October 9th 2024

# Brazil Macro Dashboard

Alphacast hosts thousands of Latin American Datasets for Argentina, Brazil, Chile, Colombia, Mexico, Paraguay, Peru, and Uruguay. **You can find an interactive dashboard with at least 30 charts to keep up to date with the short-term economic outlook. Dashboards are updated every day with the most recent data.** Remember that you can copy and clone everything you see on those dashboards. Create your own charts or pipelines to transform the data, add your own format and colors, and brand. Feel free to reuse everything of your own will. 

**Follow this [simple guide](https://www.alphacast.io/p/chia/insights/2022-7-4-LVTtYl) - or [video](https://www.youtube.com/watch?v=44CfbpD18IQ) - to learn how to create a dashboard**

### Other Macro Dashboards: [Latin America](https://www.alphacast.io/p/milagrosricchini/insights/2022-6-2-zDQRZO?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_argentina) - [Argentina](https://www.alphacast.io/p/marianosanchez/insights/2022-5-2-YgOUGX?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_brazil) - [Chile](https://www.alphacast.io/p/milagrosricchini/insights/2022-5-2-EZgthL?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_chile) - [Colombia](https://www.alphacast.io/p/milagrosricchini/insights/2022-5-2-hJKkRE?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_colombia) - [Mexico](https://www.alphacast.io/p/MaiaM/insights/2022-5-3-cAQExZ?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_mexico) - [Peru](https://www.alphacast.io/p/lucascosta93/insights/2022-5-2-ojqeng?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_peru) - [Uruguay](https://www.alphacast.io/p/MaiaM/insights/2022-4-1-UiPjzO?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_uruguay)


## Activity

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/gross-domestic-product

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/gross-domestic-product-by-sectors?tab=chart&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/gross-domestic-product-COPY-3?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/gross-domestic-product-by-sectors?tab=chart&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/brazil-quarterly-gdp

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/monthly-gdp-estimate-COPY-3?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/monthly-gdp-estimate-COPY-2?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/industrial-production-COPY?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/industrial-production


@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/brazil-industrial-physical-production?tab=chart&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/unemployment-rate?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/labor-force-participation?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/pipeline/3703-1654793481966?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/pipeline/3703-1654793628158?tab=chart&stackMode=absolute&year=latest

## Prices

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/headline-and-core-inflation

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/consumer-prices?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/consumer-prices-index-by-components?tab=chart&stackMode=absolute&time=2013-07-01..latest&region=World

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/inflation-expectations?tab=chart&stackMode=absolute&year=latest

 # Monetary

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/pipeline/3586-1654606376837?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/brazil-selic-interest-rate-target

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/brazil-interest-rates---new-credit-operation

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/real-interest-rate

## Fiscal

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/fiscal-result-of-the-central-government?tab=chart&stackMode=absolute&time=2004-12-01..2021-04-01&region=World

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/central-government-primary-expenditure-vs-total-revenue

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/brazil-gross-general-government-debt

## External Sector

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/international-reserves

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/pipeline/3944-1655997403397?tab=chart&stackMode=absolute&region=World

@chart https://charts.alphacast.io/p/lucascosta93/latam-dashboards/trade-balance?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/current-account-and-financial-account

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/pipeline/4119-1656445717838?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/brazil-exchange-rates?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/alphacast/brazil-macro-basics/real-exchange-rate?tab=chart&stackMode=absolute&year=latest

## Financial

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/risk-premium

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/etf-aaaaa?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/credit-default-swap?tab=chart&stackMode=absolute&year=latest
@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/brazil-yield-curves?tab=chart&stackMode=absolute&year=latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/ibovespa?tab=chart&stackMode=absolute&year=latest

## A short guide to Brazilian macro data ([Click here](https://www.alphacast.io/p/lucascosta93/insights/2022-5-1-KTtBxb))
**Interested in activity, prices, monetary, fiscal, external sector, and financial data for Brazil? 
There are more than 400 datasets for Brazil (See for example this [Repository](https://www.alphacast.io/repositories/24)).** If you look for data about Brazil, you will probably find it there. However, this short guide will help you find the basic "must-see" datasets.

Activity

Prices

Monetary

Fiscal

External Sector

Financial

Alphacast Macro Deep Dive 

Brazil Macro Dashboard

    

World Population Demographics

Dominican Republic Macro Dashboard

# **Alphacast High Frequency CPI: Inflation was 0.5 % WoW**

**Weekly inflation eased**. Recent weekly figures demonstrate that consumer prices rose by 0.5% WoW, compared to the earlier 0.8% WoW rate. Consequently, monthly data indicate a 3.6% MoM rise, slightly below the prior 3.8% MoM increase. Thus, the annual inflation rate now stands at 219.2% YoY, a bit lower than the last 222.8% YoY (revised).

@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference week,  core inflation and regulated goods remained stable while seasonal items have rised**. Core inflation increased by 0.6% WoW early in the week, lower than the previous week's 1.1% WoW rate. Monthly data pointed to a 2.9% MoM rise, closely following the prior figure. Similarly, regulated goods saw a 0.5% WoW increase, aligning with the previous week's value. As a result, the monthly rate for regulated goods was 6.4% MoM, compared to the previous 6.7% MoM rate. In contrast, seasonal items posted a 0.3% WoW rise, higher than the prior week's 0.1% WoW figure. On a monthly basis, seasonal items recorded a 1.7% MoM increase, slightly below the earlier 2.1% MoM figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**During the specified period, non-dollarized items  moderated, while those priced in dollars increased**.  At the beginning of the week, non-dollarized items recorded a negative -0.1% WoW, significantly below the previous week's 4.5% WoW increase. On a monthly basis, the rate for these goods stood at 4.8% MoM, surpassing the prior week's 3.8% MoM rate. In contrast, dollar-denominated goods showed a 0.8% WoW rise, exceeding the -0.1% WoW figure from the previous week. The monthly rate for dollar-priced items reached 2.2% MoM, slightly below the earlier 2.7% MoM figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for Food and Beverages cooled down**. According to the newest figures, Food & Beverages posted a 0.6% WoW rise, lower than the 1.7% WoW growth seen the week before. Monthly data show a 2.6% MoM increase, which is just below the earlier 3.1% MoM rate.

**Price changes exhibited a shifting trend.** Approximately 22% of the prices examined consistently exhibited monthly growth rates of 4% or higher. Moreover, the findings suggest that only 5% of these prices experienced growth rates of 10% or more, while nearly 68% maintained monthly increases below 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Alphacast High Frequency CPI - October 2nd 2024

# Mexico Macro Dashboard

Alphacast hosts thousands of Latin American Datasets for Argentina, Brazil, Chile, Colombia, Mexico, Paraguay, Peru, and Uruguay. **You can find an interactive dashboard with at least 30 charts to keep up to date with the short-term economic outlook. Dashboards are updated every day with the most recent data.** Remember that you can copy and clone everything you see on those dashboards. Create your own charts or pipelines to transform the data, add your own format and colors, and brand. Feel free to reuse everything of your own will. 

**Follow this [simple guide](https://www.alphacast.io/p/chia/insights/2022-7-4-LVTtYl) - or [video](https://www.youtube.com/watch?v=44CfbpD18IQ) - to learn how to create a dashboard**

### Other Macro Dashboards: [Latin America](https://www.alphacast.io/p/milagrosricchini/insights/2022-6-2-zDQRZO?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_argentina) - [Brazil](https://www.alphacast.io/p/lucascosta93/insights/2022-5-2-NMDkGL?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_brazil) - [Chile](https://www.alphacast.io/p/milagrosricchini/insights/2022-5-2-EZgthL?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_chile) - [Colombia](https://www.alphacast.io/p/milagrosricchini/insights/2022-5-2-hJKkRE?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_colombia) - [Argentina](https://www.alphacast.io/p/marianosanchez/insights/2022-5-2-YgOUGX?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_argentina) - [Peru](https://www.alphacast.io/p/lucascosta93/insights/2022-5-2-ojqeng?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_peru) - [Uruguay](https://www.alphacast.io/p/MaiaM/insights/2022-4-1-UiPjzO?utm_source=content&utm_medium=mail&utm_campaign=alphacast_content&utm_term=dashboards_uruguay)


## Activity

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---gross-domestic-product-growth?tab=chart&stackMode=absolute&year=latest&time=2017-04-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---gross-domestic-product-by-component-of-demand?tab=chart&stackMode=absolute&year=latest&time=1993-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---private-consumption-growth?tab=chart&stackMode=absolute&time=2017-01-01..latest&region=World 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---private-consumption-index-by-components?tab=chart&stackMode=absolute&year=latest&time=2017-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---monthly-gdp-estimate?tab=chart&stackMode=absolute&year=latest&time=2017-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---industrial-production-index?tab=chart&stackMode=absolute&year=latest&time=2017-01-01..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---industrial-production-index-by-sector?tab=chart&stackMode=absolute&year=latest&time=2017-02-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/activity---mexico---inegi---unemployment-rate?tab=chart&stackMode=absolute&year=latest&time=2005-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/labour-income---mexico---banxico---real-contractual-salaries?tab=chart&stackMode=absolute&year=latest

## Prices

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/inflation---mexico---inegi---consumer-price-index---monthly-and-annual-inflation?tab=chart&stackMode=absolute&year=latest&time=2006-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/inflation---mexico---inegi---consumer-price-index---headline-core-and-non-core-inflation?tab=chart&stackMode=absolute&year=latest&time=2006-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/pipeline/3885-1655832489839?tab=chart&stackMode=absolute&time=2010-01-01..latest&region=World

@chart https://charts.alphacast.io/p/alphacast/mexico-macro-basics/inflation---mexico---inegi---consumer-price-index---inflation-by-categories?tab=chart&stackMode=absolute&year=latest

## Monetary

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/monetary---mexico---banxico---interest-rates?tab=chart&stackMode=absolute&year=latest&time=2008-01-21..latest

@chart https://charts.alphacast.io/p/seido/private-repo/pipeline/3512-1656000916313?tab=chart&stackMode=absolute&year=latest&time=2004-12-01..2022-03-01

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/real-interest-rate-mexico?tab=chart&stackMode=absolute&time=2004-12-01..latest&region=World

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/real-interest-rates-3-month-and-6-month-moving-average?tab=chart&stackMode=absolute&time=1999-01-01..latest&region=World

@chart https://charts.alphacast.io/p/MaiaM/home/pipeline/3954-1656006226589?tab=chart&stackMode=absolute&time=2005-01-01..latest&region=World

@chart https://charts.alphacast.io/p/MaiaM/home/pipeline/3954-1656005985878?tab=chart&stackMode=absolute&time=2000-12-01..latest&region=World

## Fiscal

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/fiscal---mexico---banxico---revenue-and-spending-growth?tab=chart&stackMode=absolute&year=latest&time=2006-01-01..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/fiscal---mexico---banxico---revenue-and-spending-as-a-share-of-gdp?tab=chart&stackMode=absolute&year=latest&time=2004-12-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/fiscal---mexico---ministerio-de-hacienda---public-sector-gross-debt?tab=chart&stackMode=absolute&year=latest&time=1990-12-31..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/pipeline/3957-1656008897735?tab=chart&stackMode=absolute&year=latest

## External Sector

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---goods-trade-balance-12-month-sum?tab=chart&stackMode=absolute&year=latest&time=2004-12-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---exports-vs-imports?tab=chart&stackMode=absolute&year=latest&time=1993-12-01..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---imports-by-category?tab=chart&stackMode=absolute&year=latest&time=1994-01-01..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---exports-by-category?tab=chart&stackMode=absolute&year=latest&time=1993-12-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---goods-trade-balance-total-oil-non-oil?tab=chart&stackMode=absolute&year=latest&time=2017-01-01..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---goods-trade-balance-by-industry?tab=chart&stackMode=absolute&year=latest&time=2017-01-01..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/prices---mexico---banxico---terms-of-trade?tab=chart&stackMode=absolute&year=latest&time=1970-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/monetary---mexico---banxico---forex-market---nominal-exchange-rate?tab=chart&stackMode=absolute&year=latest&time=1992-12-23..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/monetary---mexico---banxico---real-exchange-rate?tab=chart&stackMode=absolute&year=latest&time=1990-01-01..latest

## Financial

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---balance-of-payments?tab=chart&stackMode=absolute&year=latest&time=2008-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---balance-of-payments-current-account?tab=chart&stackMode=absolute&year=latest&time=2002-01-01..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/bop---mexico---banxico---balance-of-payments-capital-and-financial-accounts?tab=chart&stackMode=absolute&year=latest&time=2002-01-01..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/monetary---mexico---banxico---capital-markets---mexico-stock-exchange?tab=chart&stackMode=absolute&year=latest&time=1990-05-18..latest 

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/monetary---mexico---banxico---capital-markets---mexico-stock-exchange-in-usd?tab=chart&stackMode=absolute&year=latest&time=2005-09-01..2022-06-20

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/risk-premium-mexico-final?tab=chart&stackMode=absolute&region=World

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/etf-mexico?tab=chart&stackMode=absolute&year=latest&time=2003-02-07..latest

@chart https://charts.alphacast.io/p/marianosanchez/alphacast-latam-dashboards/cds-mexico?tab=chart&stackMode=absolute&time=2008-09-29..latest&region=World

## A short guide to Mexican macro data ([link](https://www.alphacast.io/p/MaiaM/insights/2022-5-3-LxIgdq))
**Interested in activity, prices, monetary, fiscal, external sector, and financial data for Mexico? 
There are more than 200 datasets (see for example this [Repository](https://www.alphacast.io/repositories/37)).** If you look for data about Mexico, you will probably find it there. However, this short guide will help you find the basic "must-see" datasets.

External

Mexico Macro Dashboard

# Alphacast High Frequency CPI: Inflation was 3.9% MoM in Semptember

**Inflation was recorded at 3.9% MoM in September .** During this month, inflation reached 3.9% MoM, marginally surpassing August’s revised rate of 3.6% MoM. This modest increase left the annual inflation rate at 225.4% YoY compared to September 2023.  This movement aligns with the government's broader efforts to moderate inflationary pressures, as part of which the reduction of the PAIS tax -from 17.5% to 7.5%- helped lower the cost of certain goods.

**The reference month witnessed a softening in seasonal and regulated items, alogside an acceletarion in core inflation**. In September, core inflation recorded a 3.1% MoM increase, higher than the 2.1% MoM rise noted in the preceding month. On the other hand, seasonal prices rose by 2.1% MoM, falling short of the 2.7% MoM from the month before. Likewise, regulated prices experienced a rise of 6.9% MoM, lower than the 7.4% MoM in the last month. Core inflation contributed 1.8 percentage points to the overall Consumer Price Index (CPI), with 1.3 pp attributed to regulated prices and 0.8 pp to seasonal items. Without the influence of regulated price changes, inflation would have been around 2.6% MoM. Furthermore, food prices showed a 2.7% MoM increase, calculated using a 4-week moving average. This was reinforced by a 1.7% rise in food prices during the third week of the month, representing a modest increase from the levels recorded in the prior week, 

**Between September and October, the carry-over effect on our Consumer Price Index (CPI) was noted at 1.5%**, down from the revised 1.9% from the preceding month. Meanwhile, the end-of-period (4-week) inflation rate was 3.4%, differing from the previously revised rate of 4.6% MoM.

@chart https://www.alphacast.io/p/seido/charts/high-frequency-cpi-alphacast-forecast-vs-indec-21855?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-1

**Inflation edged up during the week of 25/09.** Over this period, consumer prices rose by 0.8% WoW, marginally higher than the prior week's 0.5% WoW. On a monthly scale, the average inflation rate (over the past four weeks) stood at 3.8% MoM, below the 4.1% MoM in the preceding period.  The year-on-year inflation rate stayed constant at 222.9% YoY,  unchanged from the previous value. Both seasonal goods and regulated items showed moderate weekly fluctuations, with changes of 0.1% WoW and 0.5% WoW, respectively, compared to 0.3% WoW and 0.5% WoW in the prior period. In contrast, core inflation climbed to 1.1%, significantly above the previous 0.5% WoW. For the monthly figures, seasonal items posted a 2.1% MoM rise (lower than the previous 2.5% MoM), core inflation stood at 3.0% MoM (slightly up from 2.9% MoM), and regulated items saw a 6.7% MoM change, down from the earlier 7.9% MoM.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-01..latest

**According to the BCRA's report, inflation expectations have regressed since the last survey**. Additionally, following a new phase of deceleration, prices expectations for September are reported at 3.5% MoM. Consequently, inflation projections for 2024 have been revised down by nearly 5 percentage points, from 127.4% to 122.9%. Furthermore, expectations for price increases in 2025 have also been slightly adjusted, decreasing from 41.3% to 38.4%.

@chart https://www.alphacast.io/p/seido/charts/rem-inflation-expectations-21861?tab=chart&stackMode=absolute&year=latest&country=Precios%20minoristas%20(IPC%20n%C3%BAcleo%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202023-0~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202024-1~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202025-2~Precios%20minoristas%20(IPC%20nivel%20general%3B%20INDEC)%20-%20var.%20%25%20i.a.-%202026-3





Alphacast High Frequency CPI: Inflation was 3.9% MoM in September

# **Alphacast High Frequency CPI: Inflation was 0.5 % WoW**

**Weekly inflation cooled down**. Based on the most recent weekly figures, consumer prices rose by 0.5% WoW, under the earlier rate of 1.2%  WoW.  Consequently, the monthly figures reflect a 4.1% MoM increase, slightly beneath the prior 4.3% MoM rate. Thus, the current annual inflation rate has reached 222.8% YoY, slightly below the previous figure of 225.8% YoY.
@table https://www.alphacast.io/p/martinamas/tables/Mjg3NjAtMTcxOTQxMjUyNzQ4Ng==

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-core-week-over-week-11338?tab=chart&stackMode=absolute&year=latest&time=2022-08-08..latest

**During the reference period, seasonal items and regulated goods moderated while core inflation held steady.** Core inflation increased by 0.5% WoW at the start of the week, aligning with the previous week’s data. The monthly figures revealed a 2.9% MoM rise, closely tracking the prior 2.8% MoM rate. Similarly, seasonal items posted a 0.3% WoW increase, similar to the value of 0.2% from the prior week. On a monthly basis, seasonal items recorded a 2.5% MoM rise, which was near the previous rate. Likewise, regulated goods saw a 0.5% WoW increase, significantly lower than the prior week's 3.4% WoW. Consequently, the monthly rate for regulated goods was 7.9% MoM, below the earlier 9.0% MoM figure.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-headline-and-core-4-weeks-moving-average-11513?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

@chart https://www.alphacast.io/p/seido/charts/argentina-high-frequency-cpi-headline-core-4-weeks-change-11514?tab=chart&stackMode=absolute&year=latest&time=2017-12-06..latest

**During the specified week, non-dollarized items experienced an increase, while those priced in dollars moderated.**  Non-dollarized items initially showed a 1.1% WoW increase,  higher than the 0.6% WoW (revised) recorded in the preceding week. The monthly rate for these goods stood at 2.5% MoM, identical to from the previous week rate (2.6% MoM). Conversely, dollar-priced goods reported a 0.3% WoW change, similar to the value registered in the prior week. The monthly rate for dollar-denominated items reached 3.1% MoM, identical to the earlier value.

@chart https://www.alphacast.io/p/MaiaM/charts/argentina-high-frequency-cpi-dollarized-non-dollarized-core-4-weeks-mov-avg-11339

**Prices for Food and Beverages remained stable**. According to the most recent statistics, Food & Beverages experienced a 0.3% WoW variation, modestly exceeding the 0.1% WoW reported in the prior week. On a monthly basis, the data revealed a 3.7% MoM rise, just under the previous rate of 4.5% MoM.

**Price changes followed a fluctuating trend.** Around 20% of the prices reviewed consistently showed monthly growth rates of 4% or more. Furthermore, the results indicate that only 7% of these prices consistently saw growth rates of 10% or more, with nearly 68% sustaining monthly increases of less than 2%.

@chart https://www.alphacast.io/p/seido/charts/distribution-of-mom-price-changes-21462?tab=chart&stackMode=absolute&year=latest&time=earliest..latest&country=Argentina-0~Argentina-2&region=World7

Martina Mas

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