Argentina · Country watch
Milei's Fiscal Surplus; Wholesale Inflation Rises
Argentina reports a significant fiscal surplus in September, while wholesale inflation accelerates, impacting business costs.
In this briefing Ministry of Security · INDEC · Javier Milei · National Public Sector
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Government files charges against university protesters
The Argentine government has filed criminal charges against participants in the Federal University March, citing incidents of violence and resistance against authorities, according to La Gaceta. The Ministry of Security's legal team initiated the charges, which include allegations of aggravated damage and threats to constitutional order. This escalation follows recent protests over education funding and adds to the ongoing tensions between the government and the education sector.
Impact Public-sector employers and educational institutions face heightened tensions and potential disruptions due to legal actions against protesters.
Sources: La Gaceta ↗, Cronica ↗
Safety & health
Nothing significant reported today.
Companies
Nothing significant reported today.
Markets
Wholesale inflation rises to 3.2% in September
Argentina's wholesale inflation rose 3.2% in September, driven by a 15% increase in crude oil and gas prices, according to INDEC. This marks an acceleration from the 2.1% rate in August. The year-to-date increase stands at 22.8%, with an annual rise of 29.2%. Imported products increased by only 0.4%, while domestic products saw a 3.4% rise. The data indicates that energy prices significantly impacted the overall inflation rate, as reported by El Intransigente and Clarin.
Impact Manufacturers and retailers face increased costs due to rising energy prices, impacting pricing strategies and margins.
Sources: El intransigente ↗, Clarin ↗, Cronica ↗, Perfil.com ↗
Trade
Nothing significant reported today.
Politics
Milei's government posts $1.4 trillion fiscal surplus
Argentina's government, led by President Javier Milei, recorded a fiscal surplus of $1.4 trillion in September, according to La Gaceta. The National Public Sector achieved a financial surplus of $977.173 million, contributing to a primary balance of 1.2% of GDP for the first nine months of 2026. The surplus follows reforms aimed at reducing subsidies and improving fiscal management. This financial performance strengthens the government's fiscal position amid ongoing economic challenges.
Impact Lenders and public-sector entities see improved fiscal stability, potentially affecting credit ratings and borrowing costs.
Sources: La Gaceta ↗, La Derecha Diario ↗
Also today in Argentina
- Dólar hoy: ¿A cuánto cotizan el oficial y el blue? — Cronica
- Cedieron los bonos argentinos y el riesgo país subió por sexto día consecutivo — Infobae
- EL gobierno de Kast alcanzó un superávit comercial récord impulsado por el cobre, el litio y las exportaciones — La Derecha Diario
- Wall Street profundizó las bajas este viernes ante la salida de fondos de las acciones tecnológicas — Infobae
- México mantiene el 80% de sus exportaciones a EEUU sin aranceles, pero se tambalea nuevo acuerdo comercial — Infobae
- ‘Confident’ Milei touts investment, predicts election win — Buenos Aires Times
- Los precios del petróleo aumentan ante temores sobre el suministro global — Clarin
- El Nasdaq lidera las bajas de Wall Street en su peor semana desde finales de junio — Infobae
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
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