Inflation rate in Argentina December 2023, by division
The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In Argentina, the CPI of food and non-alcoholic beverages was the category that experienced the largest increase in December 2023 compared to the same month of the previous year, having grown 251.3 percentage points. It was closely followed by household equipment, with a year-on-year inflation rate of 231.7 percent. That same month, the overall inflation rate of Argentina stood at 211.4 percent, one of the largest figures registered since, at least, the beginning of 2018.