What is Argentina’s inflation rate?

What was the rate of inflation for 2020?

Considering the annual inflation rate in the United States in recent years, a 2.25 percent inflation rate is a very moderate projection.

Projected annual inflation rate in the United States from 2010 to 2026*

Characteristic Inflation rate
2022* 2.4%
2021* 2.26%
2020 1.25%
2019 1.81%

Why is inflation in Argentina so high?

Goldman Sachs analyst Alberto Ramos said the price rises came despite soft domestic demand, high unemployment and depressed real wages. Capital and pricing controls were creating “a significant amount of repressed inflation in the system”.

What is the inflation rate today?

In 2020, the average inflation rate in Australia was at about 0.87 percent compared to the previous year.

Australia: Inflation rate from 1986 to 2026* (compared to the previous year)

Characteristic Inflation rate compared to previous year
2021* 1.73%
2020 0.87%
2019 1.61%
2018 1.91%

What is China’s inflation rate?

Projections by the IMF published in April 2021 expect the inflation rate to reach about 1.2 percent in 2021. The monthly inflation rate in China remained on a low level recently.

Inflation rate in China from 2010 to 2020 with forecasts until 2026.

THIS IS IMPORTANT:  How old is Venezuela?
Characteristic Year-on-year change
2019 2.9%
2018 2.11%
2017 1.56%
2016 2%

What is the country with the highest inflation rate?

In 2020, Sudan ranked 3rd with an estimated inflation rate of about 163.26 percent compared to the previous year.

The 20 countries with the highest inflation rate in 2020 (compared to the previous year)

Characteristic Inflation rate compared to previous year
Zimbabwe 557.21%

What is US inflation rate?

The chart and table below display annual US inflation rates for calendar years from 2000 and 2011 to 2021. (For prior years, see historical inflation rates.)

Current US Inflation Rates: 2000-2021.

Element Annual Inflation Rate
2017 2.1
2018 1.9
2019 2.3
2020 1.4

Is Argentina still hyperinflationary?

With a cumulative 42.6 percent over the last 12 months, Argentina has one of the highest inflation rates in the world, surpassed in Latin America only by the hyperinflation of Venezuela.

How much does it cost to live in Argentina?

Cost of Living and Housing

Currently, $1 is worth about 37 pesos. According to numbeo.com, the cost of living in Argentina is 50% to 60% less than in the U.S. All told, you can expect to live comfortably on $1,500 per month. If you were particularly economical, you could expect to get by on about $1,000 per month.

Is inflation at a 13 year high?

Inflation Is The Highest Its Been In Nearly 13 Years : NPR. Inflation Is The Highest Its Been In Nearly 13 Years Consumer prices jumped in June, with businesses struggling to keep up with demand out of the pandemic. The consumer price index rose 5.4% in the last year, the highest inflation in nearly 13 years.

THIS IS IMPORTANT:  Your question: What is the lost city of Peru?

Why is inflation rate so high?

Higher government spending and higher deficits (when the U.S. government spends more money in a year than it brings in from taxes and fees) tends to drive inflation higher.