Particle.news

Buenos Aires Inflation Climbs 1.9% in October

City data plus private previews point to monthly inflation holding near 1.6–1.8%, a pattern that highlights persistent core price pressures ahead of the national reading.

Overview

  • The Instituto de Estadística y Censos de la Ciudad de Buenos Aires reported on Friday that CABA inflation rose 1.9% in October, a 0.1 percentage point pickup from September.
  • Core or 'resto' inflation in the city climbed to about 1.8% in October, showing underlying demand-driven pressure after stripping out regulated and seasonal items.
  • Four categories — housing and utilities, food and non‑alcoholic beverages, health, and restaurants and hotels — explained roughly 63% of the city’s monthly increase.
  • Private tracker Ferreres previewed a 1.7% rise for Greater Buenos Aires and the BCRA’s REM consolidated private forecasts around 1.8% for national October inflation with monthlies projected near 1.6–1.8%.
  • Official activity data for September showed a strong construction rebound and mixed manufacturing results, a split that could sustain price persistence by supporting specific cost items such as materials and services.