Argentina’s inflation rate for January ticked up to 2.9%, according to a report by the government’s statistics agency, INDEC, released one week after the bureau’s head resigned over a dispute over the measurement methodology. Prices increased 32.4% interannually, and the economic sector with the largest monthly jump was food and non-alcoholic beverages, with a 4.7% spike. The INDEC had originally planned to change the methodology to calculate inflation, and Tuesday would have seen the debut of the updated index. In a report published last week, consulting firm PxQ calculated that, using the 2017-2018 weighting factors, inflation for January would have been 3%. According to the complaint, the now-scrapped index update cost US$5 million and five years of technical work.

Source: Bueno Aires Herald February 10, 2026 19:37 UTC