Stagflation deepens: Can Argentina find a way out in 2026?

ARGENTINA - Report 03 Mar 2026 by Joaquin Cottani

According to the September–October 2025 Survey of Political Satisfaction and Public Opinion conducted by Universidad San Andrés, low wages and limited employment opportunities have become the primary concerns among respondents. Inflation now ranks lower, alongside insecurity, poverty and perceived insufficient government support for education. This raises a central policy question for 2026: will the government remain singularly focused on further reducing inflation, which stood at 2.9% in January and is likely to remain close to that level in February, or will it adopt a radically different monetary and foreign exchange policy regime hoping that, by doing so, macroeconomic conditions (both inflation and growth) will be better in 2027?

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