Argentina inflation rebounds to 2.2 percent in October

Argentina's consumer prices rose 2.2 percent in October, the fastest monthly pace in six months and above private forecasts of 1.8 to 2.1 percent, the national statistics institute INDEC reported.

Why it matters: The rebound, driven by seasonal and regulated prices while core inflation fell to 1.5 percent, tests the government's claim that disinflation remains on track after five months stalled near 2 percent a month.

Data as of INDEC consumer price index for October 2026, published November 12, 2026, as reported in full by Bloomberg Línea and BAE Negocios, in Spanish, in this run; INDEC's own release was not read directly and the institute has been logged as a source to implement. The central bank's REM survey median expectation was 1.8 percent. Developing item.

Argentina’s consumer price index rose 2.2 percent in October from September, INDEC reported on Thursday, accelerating from 1.9 percent in September and coming in above the 1.8 percent median in the central bank’s REM survey and private estimates of 1.8 to 2.1 percent. Prices were up 33.1 percent from a year earlier and 26.3 percent in the first ten months of the year.

Seasonal prices rose 5.5 percent and regulated prices 2.9 percent, led by housing and utilities, up 4.2 percent on gas tariff increases, while core inflation eased to 1.5 percent, which Economy Minister Luis Caputo noted was the lowest core reading since July 2025.

Argentina inflation rebounds to 2.2 percent in October

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