Argentina food prices rise 7th straight week; October inflation seen at 1.8%

Food and beverage prices in Argentina rose for a seventh consecutive week, with LCG and EcoGo surveys showing weekly increases of 0.5% and 0.59% respectively, driven by meats and beverages. EcoGo projects monthly inflation of 1.8%, indicating persistent price pressures. This continues an established trend of elevated inflation, reinforcing expectations of sustained monetary tightening.

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