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last mo.

Argentina’s August Rent Updates Split Between 55.7% ICL Hikes and 1.6% IPC Increases

Landlords, tenants now rely on BCRA calculators, INDEC tools to navigate separate ICL-indexed, IPC-indexed rent regimes.

Estos son los aumentos de los contratos de alquiler en agosto
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Overview

  • Legacy leases under the 2020 rental law will see a 55.67% year-on-year ICL increase in August, marking the lowest rate since September 2022.
  • Contracts signed after the December 2023 repeal use June’s 1.6% IPC inflation figure—15.1% year-to-date and 39.4% year-on-year—applied over agreed quarterly or semestral review periods.
  • The ICL index, published monthly by the Banco Central, combines consumer price (IPC) and RIPTE salary data and governs annual adjustments for pre-2024 leases.
  • IPC-based agreements rely solely on the INDEC’s consumer price index and calculate new rents by multiplying current rents by the ratio of update-month to base IPC values.
  • Official online calculators from the BCRA and INDEC have become essential for tenants and landlords to simulate and apply rent adjustments under both indexation frameworks.