This new increase, which comes on top of the 2,4% hike implemented on February 1, will take effect next week.

These increases have been occurring monthly since last year, although this one is the largest to date.

The decision was made by the Secretariat of Transportation, under the Ministry of Economy, through Resolution 8/2026, published this Monday in the Official Gazette.

The agency, headed by Fernando Herrmann, called for a public consultation, which will then lead to the fare increase.

“The measure responds to the search for greater competitiveness in the automotive sector and an update to fare values,” is the executive branch’s justification, according to an official statement.

The increase will be implemented in two stages.

Initially, on Tuesday, February 17, the fare will increase by 31%, and the remaining 10%, bringing the total increase to 41%, will be implemented on March 16.

This brings the fare in the longest of the five price tiers to 891,16 pesos in the City of Buenos Aires and 1,417 pesos in the neighboring province of the same name.

The AMBA (Greater Buenos Aires Metropolitan Area) encompasses the capital and about twenty municipalities in the province of Buenos Aires.

The cost of living in Argentina rose again starting February 1 with the implementation of several increases in public services such as public transportation—at least in the AMBA—mobile phone service, gas, and electricity. Prices also increased for private health insurance and rent.

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