Overview
- INDEC releases October inflation at 4 p.m. local time, with private estimates clustered between 2.1% and 2.4% and the Central Bank’s REM at 2.2%.
- Buenos Aires city inflation was 2.2% in October, with pressures concentrated in food and beverages, transport, and services.
- Under the two‑month lag set by decree, ANSES will use the October CPI to update December pensions and calculate the Sueldo Anual Complementario.
- Multiple reports, including from the UBA, indicate real wages remain below November 2023 levels and the minimum wage’s purchasing power sits even under 2001, weighing on consumption.
- Regional data underscore a gap, with South America’s simple average monthly inflation near 0.11% in October versus projections above 2% for Argentina.