Argentina August Wholesale Inflation Slows to 2.1%; Senate Weighs Fiscal Plan

Argentina's August wholesale inflation came in at 2.1%, a notable deceleration that may signal easing price pressures ahead of the Senate's consideration of the Fiscal Innocence II project. The fiscal package's passage is uncertain, and its outcome will shape market expectations for Argentina's adjustment path. The inflation print is a positive data point for the government's stabilization narrative, but the fiscal vote remains the key near-term risk.