He Institute of Workers Statistics (IET) of the Metropolitan University for Education and Work (UMET) and the Center for Concertation and Development (CCD) reported that Workers’ inflation stood at 2.2% during September, accelerating compared to the 1.6% registered in Augusta data similar to the CABA CPI. It is about the highest level since April and marks four consecutive months of increase.
In the interannual measurement, The index reached 31%, the lowest record since 2018. Meanwhile, accumulated inflation in the first nine months of 2025 reached 20.8%. If this trend continues, It is projected that the year would close around 28.6%.
Transportation and services drove the rise
The survey highlighted that the divisions with the greatest increases were Transportation (+3.6%)driven by increases in airfares, vehicles and fuels; Miscellaneous Goods and Services (+2.8%); and Recreation and Culture (+2.4%), where increases in personal care and tourist packages had an impact.
On the contrary, Food and Beverages—the item with the greatest weight in the basket— showed a more moderate increase of 1.6%which helped contain the general index.
Harsh criticism of the official management
Nicolas Trottaexecutive director of the CCD and former Minister of Education, targeted the Government for the acceleration of inflation. “With the October elections in sight, inflation shows a worrying acceleration. “This casts doubt on the supposed only achievement of the government,” he said.
The official noted that “management has failed to contain the exchange rate and the loss of foreign currency, which are the drivers of inflationadded to the increase in rates and the growing external debt.” In addition, he stressed that according to data from July INDECregistered private salaries remain below November 2023 levels.
The exchange rate factor and regulated rates
Fabián Amico, general coordinator of the IET, explained that The inflationary acceleration has two central causes: increases in regulated prices and the exchange rate. “Given the weighting used by INDEC, the Transportation increase represents almost 20% of September inflation,” he explained.
Regarding the exchange rate impact, Amico warned that “in times of inflationary acceleration the transfer of costs to prices is slower”. And he warned: “The wholesale price index showed a notable acceleration in primary and agricultural products, something that will necessarily be reflected in retail prices in the coming months.”
Disparities according to social stratum
The IET analysis revealed significant differences depending on the employment status of the head of the household. Households with registered salaried and non-salaried heads recorded inflation of 2.2%, higher than that of unregistered and unemployed households (around 2%), due to the lower weight of food in the baskets of the latter.
Retirees, meanwhile, registered an inflation of 2.08%, benefiting from moderate increases in medicines. By gender, households with a male head presented a slightly higher increase (2.2%) due to the greater impact of private transportation.
By income level, Inflation was higher in wealthier households (2.4% in the 10th decile) and lower in those with lower incomes (1.9% in deciles 1 and 2), which reflects that the items that increased the most are consumed mainly by the upper sectors.
At the occupational level, High-income branches such as finance, mining and professional services experienced more intense inflationwhile low-income sectors such as construction and domestic service registered smaller increases.
Source: Ambito
