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Argentina

Argentina's October inflation rises to 2.2%, above forecasts

The higher monthly reading, which exceeded analyst expectations, keeps price pressure in focus for the Milei government's economic policy and for markets.

Photo: The Rio Times

What happened

Argentina's national statistics agency INDEC reported that consumer prices rose 2.2% in October, up from 1.9% in September. Buenos Aires Times+4 The October figure exceeded private analyst forecasts, which had expected monthly inflation between 1.8% and 2.1%, or 1.9% in a Reuters poll. montegre.com+2 The monthly rise was the highest since April, and the figure was the second consecutive monthly increase. Buenos Aires Herald+2 Prices rose 33.1% over the past 12 months, down from 33.4% in September, and 26.3% in the first ten months of 2026. Buenos Aires Times+4 Housing, water, electricity, gas and other fuels rose the most, by 4.2%, driven by higher gas prices. newsmetry.xyz

Around it

Core inflation, which excludes volatile and government-regulated prices, fell to 1.5% from 1.7% in September, its lowest level in nearly ten years. montegre.com+3 Analysts cited sticky price pressures and regulated and seasonal items as contributors to the October increase, while underlying trends across most of the consumption basket continued to ease. vespernews.com+1 Reuters reported that the data matter for the outlook on interest rates and the peso, and that sectors affected by austerity measures face strain. newsmetry.xyz

Sources

  1. Buenos Aires TimesInflation edges up slightly, surpassing expectations
  2. montegre.comArgentina's October inflation hits 2.2%, highest since April
  3. Buenos Aires HeraldInflation rises to 2.2% in October
  4. The Rio TimesArgentina October Inflation Rises to 2.2%
  5. vespernews.comArgentina's monthly inflation rises to 2.2% in October
  6. BloombergArgentina's Inflation Ticked Up More Than Expected in...
  7. urgent.newsArgentina’s inflation ticked up more than expected in October
  8. newsmetry.xyzArgentina's October monthly inflation rises to 2.2%, above forecasts

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