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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArgentinaArgentina CPI climbed to 33.2% in February 2026
FMPMonthlyReleased March 2026
Argentina CPI climbed to 33.2% in February 2026, released March 2026, up 0.8% from January's 32.4% reading. The reading matched expectations. CPI has now risen for 5 consecutive months. Over the past 3 months, CPI averaged 31.95%, vs 12.23% in the prior 3-month window. CPI is now the highest in 6 months.
Latest Release
33.2
Actual
32.7
Consensus
32.4
Previous
Median Absolute Error
±0.36 percentage points
across last 12 releases
Last Call
Mar 2026
Predicted: 32.98
Actual: 33.2
Error: -0.23
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.65 | COMMODITIES | Bearish XAU | → View |
| EUR/USD | ▼ Inverse | −0.48 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.32 | FOREX | Bullish USD | → View |
| GBP/USD | ▼ Inverse | −0.28 | FOREX | Bearish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI (Argentina) was reported at 33.2% in March 2026. This beat the market consensus of 32.7% by 0.5%. The reading rose from the previous value of 32.4%. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 19.43%, ranging from 1.6% to 37.6% across 9 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 32.37%, up from the prior three at 12.23%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.36%.
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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CPI - AR
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About CPI — Argentina
DEFINITION
CPI, or Consumer Price Index, is a widely used economic indicator that measures the average change in prices of goods and services purchased by households. It is an important tool for assessing inflation and the overall cost of living for consumers. The CPI is calculated by tracking the prices of a basket of goods and services over time, providing valuable insights into the current state of the economy and its impact on consumers. This indicator is closely monitored by policymakers, businesses, and investors to make informed decisions about economic trends and financial strategies.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2026): actual 33.2 %, consensus 32.7 %. Prior reading (Jan 2026): 32.7 %. Before that (Dec 2025): 2.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.65) — a useful reference for commodities-focused traders.