Overview

• Private IGA data show activity up 0.7% month on month and 5.5% year on year in August, led by financial intermediation, wholesale trade, manufacturing and mining, with agriculture and energy in decline.
• Ferreres and other analysts say the outlook remains uncertain, noting recent U.S. backing eased market stress only temporarily and that momentum now hinges on the October elections.
• INDEC reported 1.9% inflation in August, the fourth straight month below 2%, while LCG’s tracking suggests September could top that threshold after food increases and exchange‑rate swings.
• INDEC’s first‑semester reading put poverty at 31.6% and indigence at 6.9%, a result the government celebrated as the payoff from disinflation and targeted social programs.
• Independent centers including UCA and CEPA question comparability and outdated consumption baskets, warn the decline may be overstated, and highlight mounting cost pressures with GBA rents up 3.3% in August and 51.4% so far this year.