LatinNews Daily - 11 February 2026

*Argentina’s national statistics institute (Indec) has released the latest figures for its consumer price index (IPC), which put monthly inflation in January at 2.9% and annual inflation at 32.4%. This is up from a monthly rate of 2.8% in December, when annual inflation stood at 31.5%. This marks the fifth consecutive month of rises in the monthly rate. Of the 12 categories of products and services measured by Indec, the categories with the highest monthly price increases in January were food and non-alcoholic drinks (+4.7%), restaurants and hotels (+4.1%), and telecommunications (+3.6%). The only category to register a monthly decrease in prices was clothing and footwear (-0.5%). The latest consumer price index comes as Indec head Marco Lavagna resigned on 2 February amid disagreements with the government led by President Javier Milei on how to calculate inflation. While Indec was due to switch to a new method for measuring inflation for the January report, using an updated basic basket of goods and services, among other changes, the government decided to delay the implementation. The government has said it will switch to the new methodology when “the disinflationary process is consolidated”.

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