Argentina’s monthly inflation rate accelerated to 2.2% in October 2026, up from 1.9% in September, reaching its highest level in six months. Utilities posted the sharpest increase (4.2%), mainly due to higher gas prices, followed by recreation and culture, which rose 3.3%. Food and non-alcoholic beverages, up 2% nationwide, made the largest contribution to the monthly variation across most regions.
Notable price increases were also recorded in clothing and footwear (2.2%), healthcare (1.7%), transport (2.1%), communication (2%), and restaurants and hotels (1.7%). Seasonal prices climbed 5.5%, while regulated prices advanced 2.9%. Core inflation edged down to 1.5% from 1.7% in September. On an annual basis, inflation eased slightly to 33.1% from 33.4%, coming in above expectations of 32.7%.