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President Files Legal Complaint Against Milei, September Inflation Data

  • President Alberto Fernandez filed a legal complaint against election frontrunner Javier Milei after the outsider encouraged citizens to stop saving in pesos. This followed headlines earlier this week where Argentina bank associations released a statement criticising Milei’s comment. The developments provide an interesting backdrop ahead of the October 22 election.
  • Inflation data will cross at 2000BST/1500ET:
    • Sept. National CPI YoY, est. 135.00%, prior 124.40%; MoM, est. 11.50%, prior 12.40%
    • Sept. Greater Buenos Aires CPI YoY, prior 125.20%; MoM, prior 12.30%

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