Another fare hike is coming to Argentina, this time of 41%

The Argentine government has announced a substantial 41% increase in public transportation fares for the Buenos Aires Metropolitan Area (AMBA), marking the most significant monthly hike in an ongoing series of adjustments that began last year. This latest increase, authorized through Resolution 8/2026 by the Transportation Secretariat under the Ministry of Economy, was formally published in the Official Gazette this Monday.

The two-phase implementation schedule will commence on Tuesday, February 17, with an initial 31% increase, followed by an additional 10% increase on March 16. This adjustment comes merely weeks after a previous 2.4% fare increase took effect on February 1, compounding the financial burden on commuters.

Fernando Herrmann, head of the transportation agency, oversaw a public consultation process that preceded the fare adjustment decision. The executive branch justified the measure as necessary to ‘enhance competitiveness within the automotive sector and update fare values to reflect current economic conditions,’ according to an official statement.

The revised fare structure will elevate prices in the highest of the five pricing tiers to 891.16 pesos within Buenos Aires city and 1,417 pesos in the surrounding province. The AMBA region encompasses the capital city and approximately twenty municipalities within Buenos Aires province.

This transportation cost increase forms part of a broader pattern of rising living expenses in Argentina. Since February 1, residents have faced simultaneous price hikes across multiple essential services including mobile phone plans, electricity, natural gas, alongside increases in private health insurance premiums and rental costs.