Argentina Changes in inventories, 2004 prices (INDEC Oferta y Demanda Globales)
QuarterlyReal (inflation-adjusted)Code AR.INVENTORIES.Q.REAL
Latest (y/y)−34.1%Q4 2025
Previous (y/y)16.6%Q3 2025
Level−10,289 ARS million at 2004 pricesQ2 2026
Argentina Changes in inventories, 2004 prices (INDEC Oferta y Demanda Globales) was down 34.1% year on year in Q4 2025, compared with 16.6% in Q3 2025.
The level stood at −10,289 ARS million at 2004 prices.
That is the lowest reading since Q3 2024.
Over the past ten years it has ranged from −159.5% (Q2 2018) to 20,494.8% (Q3 2017), averaging 1,030.7%.
Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.
Recent data
| Period | Value | Y/Y % |
|---|---|---|
| Q2 2026 | −10,289 ARS million at 2004 prices | — |
| Q1 2026 | −30,752 ARS million at 2004 prices | — |
| Q4 2025 | 17,704 ARS million at 2004 prices | −34.1 |
| Q3 2025 | 19,392 ARS million at 2004 prices | 16.6 |
| Q2 2025 | −1,008.6 ARS million at 2004 prices | — |
| Q1 2025 | −19,278 ARS million at 2004 prices | — |
| Q4 2024 | 26,848 ARS million at 2004 prices | −11.0 |
| Q3 2024 | 16,625 ARS million at 2004 prices | −47.2 |
| Q2 2024 | −9,485.3 ARS million at 2004 prices | — |
| Q1 2024 | −29,379 ARS million at 2004 prices | — |
| Q4 2023 | 30,180 ARS million at 2004 prices | 790.7 |
| Q3 2023 | 31,512 ARS million at 2004 prices | 40.9 |
| Q2 2023 | −36,051 ARS million at 2004 prices | — |
| Q1 2023 | −8,051.1 ARS million at 2004 prices | — |
| Q4 2022 | 3,388.4 ARS million at 2004 prices | −81.7 |
| Q3 2022 | 22,366 ARS million at 2004 prices | 484.4 |
| Q2 2022 | −7,371.0 ARS million at 2004 prices | — |
| Q1 2022 | −10,285 ARS million at 2004 prices | — |
| Q4 2021 | 18,496 ARS million at 2004 prices | −35.4 |
| Q3 2021 | 3,827.4 ARS million at 2004 prices | 38.1 |
| Q2 2021 | −4,393.8 ARS million at 2004 prices | — |
| Q1 2021 | −16,382 ARS million at 2004 prices | — |
| Q4 2020 | 28,647 ARS million at 2004 prices | 350.3 |
| Q3 2020 | 2,771.3 ARS million at 2004 prices | — |
Last 24 observations. The full history (90 observations) is available through the API.
Get Argentina Changes in inventories, 2004 prices (INDEC Oferta y Demanda Globales) in your code or spreadsheet
One guessable code, agency-direct, updated on release. Free tier available.
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
"https://makrognosis.robomacro.com/v1/series/AR.INVENTORIES.Q.REAL"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/AR.INVENTORIES.Q.REAL",
headers={"X-API-Key": KEY})
obs = r.json()["observations"]About this series
| Latest observation | Q2 2026 |
|---|---|
| First observation | Q1 2004 |
| Observations | 90 |
| Frequency | Quarterly |
| Units | ARS million at 2004 prices |
| Adjustment | Real (inflation-adjusted) |
| 10-year high | 20,494.8% (Q3 2017) |
| 10-year low | −159.5% (Q2 2018) |
| 10-year average | 1,030.7% |
| Source agency | INDEC |
| Makrognosis code | AR.INVENTORIES.Q.REAL |
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Argentina GDP (Gross Domestic Product)Argentina Nominal GDP at current prices, annual (INDEC, ARS million)Argentina Nominal GDP at current purchasers' prices, quarterly at annual rate (INDEC Oferta y Demanda Globales, base 2004)Argentina Real GDP at constant 2004 prices, annual (INDEC)Argentina Inflation Rate (CPI)Argentina Core Inflation RateArgentina Unemployment RateArgentina Credit Rating & Sovereign Risk ScoreArgentina Industrial ProductionArgentina Current account balance, quarterly (INDEC)Argentina Trade Balance: Goods & ServicesArgentina Exports of goods & services (national accounts, real) (INDEC)Argentina Imports of goods & services (national accounts, real) (INDEC)Argentina Total imports CIF (USD MM)Argentina Government Debt to GDPArgentina Consumer confidence index, national (UTDT)
FAQ
- What is the current changes in inventories, 2004 prices (INDEC Oferta y Demanda Globales) in Argentina?
- The latest reading is −34.1% year on year for Q4 2025, published by INDEC.
- Where does this data come from?
- It is collected directly from INDEC and is available through the Makrognosis API under the code AR.INVENTORIES.Q.REAL.
Last updated 2026-10-22. Source: INDEC. Original title: “Argentina - Changes in inventories, 2004 prices (INDEC Oferta y Demanda Globales)”.