Overview
- The national statistics office reported a 2.2% consumer price increase for October, which pushed the 2026 year-to-date inflation to 26.3% and the 12‑month rate to 33.1%.
- INDEC's breakdown showed seasonal goods up 5.5%, regulated prices up 2.9% and core inflation (which strips out those items) at a lower 1.5% for the month.
- The government and INDEC point to changes in the Zona Fría rules that cut gas subsidies and raised household gas bills, making the housing and utilities group the largest monthly mover at 4.2%.
- Basic poverty and indigence thresholds climbed faster than the headline rate in October, raising the cost for a four‑person family to avoid poverty to about $1,690,000 and to avoid indigence to $761,261.
- Private forecasters had predicted a lower October print and warn that part of the tariff shock may still roll into November while volatile vegetable prices could either reverse or keep adding pressure in coming weeks.