Recent central bank REM survey data and INDEC releases position the 30–34.9% band as the consensus outcome for 2026 annual inflation, with the latest September year-over-year reading at 33.4% and median analyst forecasts now at 30.4%. Persistent monetary tightening, fiscal surpluses, and exchange-rate stability have driven monthly CPI prints into the 1.7–1.9% range, supporting gradual disinflation from prior peaks, though core measures remain elevated and regulated-price adjustments continue to add inertia. Downward revisions to 2026 GDP growth forecasts and signs of a technical recession introduce modest upside risks to the path, while the next inflation release and ongoing IMF program reviews represent near-term catalysts that could reinforce or shift the current market-implied distribution.