Fashion pulse: Argentina - March 2026

Consumer prices (March)

Clothing and footwear prices in Argentina rose 13.43 percent year-on-year in March, according to Argentina’s national statistics institute INDEC, easing from plus 15.06 percent in February and running at less than half the headline inflation rate of plus 32.61 percent. For a country where clothing typically led the way during the 2023-2024 inflation crisis, the divergence is structurally significant: fashion is now acting as a disinflationary anchor in the Argentine basket rather than a contributor to price pressure. Headline inflation itself also cooled, dropping to plus 32.61 percent from plus 33.05 percent in February. On a monthly basis, Prendas de vestir y calzado (clothing and footwear) rose 3.11 percent in March against a headline reading of plus 3.38 percent — the first month of 2026 in which clothing has grown slower than the overall index.