Monitor Argy

Monthly change, indicator by indicator.

Seasonally adjusted monthly change of the early activity indicators. Official seasonal adjustment when the agency publishes it; otherwise in-house, with X-13ARIMA-SEATS.

Latest data point of each indicator
IndicatorPeriodMonthly change
Headline CPISeptember 2026+1.9%
Headline CPI (3-month moving average)September 2026+1.9%
Core CPISeptember 2026+1.7%
Core CPI (3-month moving average)September 2026+1.8%
Central bank survey of economists (REM): expected CPISeptember 2026+1.9%
Economic activity (EMAE)July 2026−2.9%
Real social security revenueSeptember 2026+1.2%
EMAE manufacturingJuly 2026−2.1%
Manufacturing output (IPI)August 2026+1.9%
Capacity utilization (% in use)July 202658.2%
Crude steel outputSeptember 2026−1.6%
Electricity demandAugust 2026+4.4%
Auto productionSeptember 2026−4.9%
EMAE constructionJuly 2026−3.1%
Construction activity index (ISAC)August 2026+0.4%
Cement shipmentsSeptember 2026+5.9%
Construya indexSeptember 2026−0.6%
Property deeds, Buenos Aires CityAugust 2026+0.6%
Property deeds, Buenos Aires ProvinceAugust 2026+6.3%
Intermediate goods importsAugust 2026−0.0%
Supermarket salesJuly 2026−0.7%
Wholesale store salesJuly 2026+1.2%
Shopping mall salesJuly 2026+0.5%
Car registrationsSeptember 2026+3.2%
Motorcycle registrationsSeptember 2026+4.3%
Real peso commercial loansSeptember 2026+0.7%
ExportsAugust 2026+2.1%
ImportsAugust 2026+3.4%
Oilseed crushingAugust 2026+2.6%
Cattle slaughterAugust 2026−0.6%
Registered private sectorJuly 2026+0.1%
Registered public sectorJuly 2026+0.8%
Average taxable wage (RIPTE)July 2026−0.5%
Leading index (UTDT)August 2026−0.3%
Confidence in governmentSeptember 2026−5.9%
Consumer confidenceSeptember 2026+2.4%