Argentina Inflation Slows to ~30% Annual, October IPC Seen at 1.9%
Published 23 h ago6 sourcesEvidence: Reported
Private consulting firms project October inflation in Argentina at 1.8-2% month-on-month, with food and fuel price increases driving forecasts to the upper bound. The data, due soon, will test the central bank's disinflation path and could influence rate policy.
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Argentina's October inflation rate is confirmed at 1.83%, marking a continued disinflationary trend. However, this disinflation is likely driven by recessionary forces, indicated by a significant slump in retail sales and increased household reliance on financing for food purchases, rather than effective policy. The sustainability of this disinflation without severe economic contraction remains uncertain.
Published 23 h ago6 sourcesEvidence: Reported
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