INFLATION AND PRICES
EVOLUTION OF CONSUMER PRICE INDEX
Source: INDEC
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View dataset
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Frequency: Monthly
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Latest data:
February 2026
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Next release: ~13th of each month
EVOLUTION OF EXPANDED MONEY SUPPLY (M3) AND CONSUMER PRICE INDEX
Source: BCRA
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View dataset
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INDEC
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Frequency: Monthly
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Latest data:
February 2026
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Next release: ~15th of each month
Detailed Explanation:
This chart compares the evolution of the Broad Money Supply (M3) in millions of Argentine pesos (right axis) with the Consumer Price Index (IPC, base 2016=100, left axis) from 2017 onwards.
- Broad Money Supply (M3): Represents the total money supply, including cash in circulation, demand and time deposits in pesos, special accounts, and foreign currency deposits converted to pesos.
- Consumer Price Index (IPC): Measures monthly changes in the prices of a representative basket of goods and services, calculated as a weighted average by INDEC.
Purpose: This comparison illustrates the relationship between monetary expansion and inflation, based on the quantity theory of money—excessive growth in M3 can lead to rising IPC levels, reflecting erosion of purchasing power.
Note: IPC data is reliable only from December 2016, following FMI's lifting of the censure on Argentina's statistics. Use the zoom tool for monthly details.
CONSUMER PRICE INDEX AND EXCHANGE RATES COMPARISON (BLUE AND OFFICIAL DOLLAR VS PESO)
Source: BNA / Bluelytics
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Frequency: Daily
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Latest data:
April 2026
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Next release: Banking business days
Note: CPI (monthly) vs Official/Blue Dollar exchange rates (daily). CPI shown on left axis, exchange rates on right axis.