Señal Argentina · November 9, 2026
Machine translation of the Spanish original. Read the original
Inflation in CABA accelerated to 1.9% in October, marking its second consecutive month of increase. The Buenos Aires index had been 1.7% in August and 1.8% in September. Housing, food, health, and restaurant sectors drove the increase. Homeowners' association fees, rents, and gas and water utility rates stood out. Vegetables rose 12.9%.
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Inflation in CABA accelerated to 1.9% in October and sets the benchmark for the CER curve
Inflation in CABA accelerated to 1.9% in October, marking its second consecutive month of increase. The Buenos Aires index had been 1.7% in August and 1.8% in September. Housing, food, health, and restaurant sectors drove the increase. Homeowners' association fees, rents, and gas and water utility rates stood out. Vegetables rose 12.9%.
Why it matters
The acceleration of the Buenos Aires CPI readjusts market expectations. This data anticipates the possible trajectory of the national consumer price index. Persistent inflation in CABA directly impacts the valuation of CER-adjusted securities. It also influences arbitrage strategies between LECAPs and inflation-linked bonds.
What to watch
Next Thursday, November 12, 2026, INDEC will publish the national inflation data. This will be key to confirming or refuting the trend observed in CABA. Its result will impact real interest rate projections.
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Dashboard
| Official dollar | $ 1.570,00 | 0,0% |
| MEP dollar | $ 1.587,90 | 0,0% |
| CCL dollar | $ 1.664,90 | 0,0% |
| blue dollar (informal rate) | $ 1.555,00 | 0,0% |
| CCL / official gap | 6,0% | |
| Country risk (EMBI) | 939 bp | 0 bp |
| Merval | 2,848,945 points | -0,4% |
| Monetary policy rate as of 11/04 | 21.2% nominal annual rate | -0.94 pp |
| BCRA Reserves as of 11/03 | US$ 50,298 M | -141 US$ M |
| Oil | US$ 90.32 | -0,6% |
| Soybeans | US$ 1,197.25 | +0,7% |
| Copper | US$ 6.33 | +1,9% |
| S&P 500 (SPY) | US$ 735.35 | +0,3% |
| VIX | 24.8 points | -7,7% |
| US 10-year rate | 4,86 % | +0.02 pp |
What to watch today
| Today | Treasury · Tender call AR |
| 10/11 | US · CPI / inflation (CPI) US |
| 11/11 | Treasury · Bills and bonds tender AR |
| 12/11 | Consumer Price Index (CPI). National coverage. October 2026 AR |
This is not an investment recommendation. The information published is general and does not consider particular situations. Operating in financial markets involves risk of loss. Consult a registered financial advisor before making decisions (Law 26.831).
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