FX.co ★ Argentina’s CPI Inflation Edges Higher to 32.4% YoY in January 2026

Argentina’s consumer price inflation accelerated in January 2026, with the year-over-year Consumer Price Index (CPI) reaching 32.4%, up from 31.5% in December 2025. The data, updated on 10 February 2026, show that inflationary pressures strengthened slightly at the start of the year.

Both figures reflect year-over-year changes, meaning January 2026 CPI is compared with January 2025, while December 2025 CPI was measured against December 2024. The uptick from 31.5% to 32.4% suggests a modest intensification of price growth, underscoring that Argentina continues to operate in a high-inflation environment as it enters 2026.