Inflation in Argentina is always high but has been especially high since mid-2023
Percent change in consumer price index compared to the previous year.
From 2020 to 2022, inflation in Argentina hovered around an annual rate of 50 percent, rising to 100 by the start of 2023. But in the middle of that year, it skyrocketed. It peaked at nearly 300 percent in April 2024, but has been falling since.