Argentina household loan delinquencies hit 10.6 percent

Argentina household loan delinquencies reached 10.6% in January as inflation and utility costs hit budgets. Analysts expect defaults to rise further.

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Household finances in Argentina are facing severe pressure as a combination of persistent inflation and reduced government subsidies drives a sharp increase in bank loan delinquencies. Data from the central bank shows that household loan defaults reached 10.6% in January 2026, a significant jump from 9.3% in December and a stark contrast to the 2.8% recorded in December 2023 when President Javier Milei took office.

An aerial perspective captures the Barrio 31 Padre Carlos Mugica neighborhood in Buenos Aires, Argentina, on April 4, 2026. REUTERS/Francisco Loureiro
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