Recent monthly inflation prints, including September’s 1.9% rise that lifted the year-over-year rate to 33.4%, have reinforced trader expectations that Argentina’s 2026 annual inflation will settle in the 30–34.9% range. Persistent but gradual disinflation under President Milei’s fiscal austerity, exchange-rate stability, and tight monetary policy has kept monthly readings near 1.7–1.9% since mid-year, aligning with Central Bank survey medians projecting roughly 30% by December. The IMF’s upward revision of its 2026 average forecast to 32.5% and private estimates clustered around 29–32.5% further anchor the leading outcome, while upside risks from food prices and regulated adjustments limit probability mass below 30%.