From Buenos Aires Herald · Juan Marcos Pollio · · 50s
Argentina Inflation Hits 2.2% in October
Argentina's inflation rose to 2.2% in October, the highest since April, with core inflation at 1.5%.
In brief
Argentina's inflation rose to 2.2% in October, the highest since April, with core inflation at 1.5%. Argentina's October inflation rose to 2.2%, the highest since April, while core inflation fell to 1.5%. Originally reported by Buenos Aires Herald.
October Inflation
Inflation in Argentina rose to 2.2% in October, the highest since April.
Core Inflation Drops
Core inflation stood at 1.5%, down from 1.7% the previous month.
Seasonal and Regulated Prices
Seasonal prices rose 5.5%, driven by vegetables, tubers, and legumes; regulated prices increased 2.9%.
Cold Zone Regime Impact
The Cold Zone Regime changes affected housing, water, electricity, gas, and other fuels prices.
Market Reaction
Analysts expected headline inflation at 1.8% but it rose to 2.2%, disappointing the market.
The takeaway
Argentina's October inflation rose to 2.2%, the highest since April, while core inflation fell to 1.5%.
