The inflation data from Buenos Aires City anticipates a sharp slowdown in the August CPI, which Indec will publish tomorrow.

The City of Buenos Aires (CABA) recorded a 1.7% monthly increase in its Consumer Price Index (CPI) for August. This local inflation figure reinforces market expectations of a sharp deceleration in the national CPI.

The national headline inflation data for August is scheduled to be published tomorrow at 16:00 by the National Institute of Statistics and Census (Indec). Private calculations have aligned with the anticipation of a notable cooling in the national rate, following the trend indicated by the CABA metric.