+Enfoque · Economy

Inflation hurdles Milei's target of 1%

In October 2026, inflation in Argentina climbed to 2.2%, complicating President Javier Milei's goal to reduce it to 1%. Consultancy firms indicate that this target is unlikely to be met soon.

El CronistaNov 14, 2026, 08:505 min read

Illustrative photo: Inflation hurdles Milei's target of 1% — Inflation hurdles Milei's target of 1%Illustrative photo: This_is_Engineering / Pixabay

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What happened: The National Institute of Statistics and Censuses (INDEC) reported a monthly inflation rate of 2.2%, the highest in six months, exceeding previous forecasts. Core inflation decreased slightly from 1.7% to 1.5%.
Why it matters: As elections approach, the government's inflation targets are at risk. Consultancies like LCG, Qualy, and Fundación Capital warn it is improbable for inflation to drop below 1% soon due to inflation inertia and rising tariff costs.
What's next: The government needs to define its next steps to manage inflation as elections draw near.

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Main framing

Center 100%

Center · estimated by AI · 90% confidence

Left: 0%
Center: 100%
Right: 0%

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AI summary

Generated on Nov 14 · 1 min read

In October 2026, inflation in Argentina climbed to 2.2%, complicating President Javier Milei's goal to reduce it to 1%.
Consultancy firms indicate that this target is unlikely to be met soon.
The National Institute of Statistics and Censuses (INDEC) reported a monthly inflation rate of 2.2%, the highest in six months, exceeding previous forecasts.
Core inflation decreased slightly from 1.7% to 1.5%.
As elections approach, the government's inflation targets are at risk.
Consultancies like LCG, Qualy, and Fundación Capital warn it is improbable for inflation to drop below 1% soon due to inflation inertia and rising tariff costs.
The government needs to define its next steps to manage inflation as elections draw near.

AI summaries may contain errors.

Economy · iProfesional
Milei accumulates 350% inflation, the City predicts stagnation and adjusts investment portfolios
Nov 13
Economy · El Cronista
After the September data, over 40 consultants predicted the inflation rate for the remainder of the year and 2027
Oct 18
Economy · Página/12
Milei forgot the promise of 0 inflation and celebrated 1.9%
Oct 13
Economy · iProfesional
INDEC announces inflation data and the market expects a high CPI despite stable dollar
Nov 12
Economy · Página/12
Inflation too high for such a recession
Oct 13

Every angle

AI estimate · 90% confidence

The article draws on INDEC data and insights from multiple consultancies, highlighting inflation's persistence against government efforts.

Original text from El Cronista (in Spanish)

Por qué cuesta tanto llegar al 1% de inflación

Qué esperan las consultoras para los próximos meses

El dato de inflación que publicó este jueves el Instituto Nacional de Estadística y Censos (INDEC) encendió alarmas dentro del Gobierno: en octubre de 2026 el Índice de Precios al Consumidor (IPC) aceleró al 2,2% mensual.

Read the full story on El Cronista

Original excerpt in Spanish. The content belongs to El Cronista.

Inflation hurdles Milei's target of 1%

Every angle

Original text from El Cronista (in Spanish)

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What matters most, straight to your inbox

What matters most, straight to your inbox

Inflation hurdles Milei's target of 1%

Every angle

Original text from El Cronista (in Spanish)

What matters most, straight to your inbox

What matters most, straight to your inbox