Argentina’s annual inflation for 2026 has converged on the 30.0-34.9% band at 97.4% market-implied odds because monthly CPI readings have stabilized near 1.7-1.9% through September 2026, producing a year-over-year rate of 33.4% and year-to-date accumulation consistent with full-year outcomes in that range. Fiscal balance, gradual peso depreciation, and the absence of major supply shocks under the current policy framework have supported the disinflation trajectory, aligning with the BCRA’s latest REM median forecast of 30.4% and the IMF’s 32.5% average projection. Trader consensus reflects these verified data releases and forward-looking surveys rather than guarantees. Upside risks remain from faster regulated-price adjustments, wage indexation, or renewed external pressures that could push the print above 35%, while deeper demand weakness could test the lower bound.