Overview
- INDEC will publish the national CPI for October on Wednesday, Nov. 12 at 4:00 p.m. local time.
- The BCRA’s REM points to roughly 2.2% monthly inflation, and Buenos Aires city reported 2.2% for its own index.
- Private estimates span roughly 2.0% to above 3.0%, including C&T ~2.0%, Equilibra 2.1%, Eco Go 2.4%, Libertad y Progreso 2.4%, Econviews 2.7%, and LCG near 3.3%.
- Analysts cite food dynamics — notably dairy — plus alcohol and tobacco, transport, and exchange-rate swings during the election month as key drivers, with some late-month moderation.
- A result above 2% would extend September’s uptick and heighten scrutiny of the 2026 budget target of 10.1% annual inflation, which implies sub-0.8% monthly readings.