Next week, the official inflation data for March will be released, which is estimated to be around 3%, complicating the government's plans to continue the desired deceleration. Major private consulting firms forecast a higher Consumer Price Index (CPI) than in February, which closed at 2.9%. If this is the case, the first quarter of the year would weigh in with inflation close to 9%, when the national budget marked that for the entire year it should be 10%. For the Libertad y Progreso consultancy, March ended with 2.9%, which brings the quarter's increase to 8.9%, while the interannual rate is 31.9%. In the report analyzed by the Argentine News Agency, the main upward push came from Transportation: it alone rose 6% in the last week and contributed 0.7 percentage points to the general index. “Facing April, the main risk lies in the speed at which the pass-through of fuels is transferred to the general basket via transport costs,” warned Julián Neufeld, an economist from the Foundation. For Analytica, the third month ended with 3% inflation, with Food at 0.3% in the last week, in line with Eco Go's estimate. The second firm detailed that Education with a 12% increase, along with the pressure from Regulated prices (3.4%), set a “high floor” for the general index. Equilibra estimated inflation of 3.3%, led by Regulated prices (5.1%) and Non-seasonal food and beverages (4.2%), after increases in fuels, meats, and tobacco. “The international shock in fuels explains the entire acceleration against February (+0.4 pp).” The official agenda will focus on being able to close the review of the current program and manage the disbursement of US$1 billion. Caputo will travel along with Santiago Bausili and José Luis Daza. Prior to that trip, the Minister of Economy will participate in the business day organized by the AmCham (United States Chamber of Commerce in the Argentine Republic).__IP__In financial matters, the Secretariat of Finance will carry out a new debt tender to renew maturities. Inflation in the City of Buenos Aires increased 0.4 pp compared to February. According to the Institute of Statistics and Censuses of the Autonomous City of Buenos Aires (IDECBA), the education sector and the increase in fuel prices explain the rise in prices. YPF will not increase gasoline prices for 45 days: the reasons. The official data will be known next Tuesday at 4 p.m., when the National Institute of Statistics and Censuses (INDEC) disseminates the March CPI. In parallel, the body will also publish reports related to basic baskets (CBA and CBT), wholesale inflation, and the salary index, among others. The complete list Car registrations (1st quarter 2026). Labor informality (fourth quarter 2025). Consumer Price Index (March). Basic baskets (March). Income generation (fourth quarter 2025). Wholesale prices (March). Construction cost (March). Child-rearing basket (March). Salaries (February). Installed capacity utilization (February). The rest of the agenda. The week will also be marked by the trip of Luis Caputo and his delegation to the United States, within the framework of the Spring Meetings of the International Monetary Fund (IMF). The Argentine chapter will be present in the negotiations. The presentation of the offers will be made next Monday, while the result will be known on Wednesday of the same week. In the last tender, the government renewed $110.4 billion out of a total of $125.3 billion (rollover of 138.52%).
Argentina's March Inflation Expected to Reach 3%
Private consulting firms in Argentina forecast March inflation to reach 3%, potentially pushing the quarterly rate to 9% and complicating the government's plans to curb it. Key drivers include transportation and education costs.