Recent September inflation of 1.9% month-over-month, in line with BCRA REM expectations and up from August’s 1.7%, has anchored trader focus on whether October sustains the sub-2% trend or reaccelerates modestly. Market-implied odds cluster tightly between the 1.6-1.8% and 1.9-2.1% bins because private forecasts center near 1.7%, yet analysts flag upside risks from food, fuel, and seasonal price pressures that could push the print toward or above 2%. Core inflation’s decline to 1.7% in September supports the broader disinflation path under tight monetary policy and fiscal restraint, though services inflation remains stickier than goods. The October release, due in mid-November, will test whether momentum holds near the 30% annual target for 2026.