Overview

• City inflation rose 2.2% month over month, lifting the year‑to‑date increase to 22.7% and the 12‑month rate to 35%, according to IPCBA.
• Housing and utilities increased 2.4%, transport 3.5%, and food 2.0%, with fruits up 6.5% and vegetables 4.9% driving much of the monthly rise.
• Goods prices rose 2.3% versus 2.1% for services, the first goods‑led monthly gain since February 2024; the city’s core measure registered 2.2%.
• The BCRA’s Market Expectations Survey points to about 2.1% for national September CPI, while private estimates range roughly from 2.0% to 2.9%.
• Consultancies cite a more volatile peso and a limited pass‑through to prices, raising concern that the recent disinflation streak could stall ahead of the Oct. 26 elections.