Like every month in the middle of the month, the National Institute of Statistics and Censuses (INDEC) will announce. This Wednesday, November 12, 2025 inflation index Corresponding to the month of October.
According to the latest report, the Consumer Price Index (CPI) from September exceeded 2% (was 2.1%)This is a similar sign to what is expected for last month’s data.
The information known so far puts inflation for the 10th month at a record level barely higher than the previous month. Even the BCRA Outlook Survey where estimates from 42 consulting firms and financial bodies were included. He pointed out that the inflation rate for the tenth month of the year will be 2.2%, Slightly higher than the September figure. For this month and next, the consensus from consulting firms and banks sees the data as somewhat lower: 1.9% for November and 2% for December. It expects inflation to close on an annual basis in 2025 at 29.6%.
Another well-known fact at the forefront of the national CPI is inflation in the city of Buenos Aires which is due to the strong increase in fruits, housing and clothing costs.In October it reached 2.2%,percentage frequency of September, But higher than 1.6% in August.
The Consumer Price Index achieved an increase of 25.3% in the first ten months of the year. Compared to last year, the increase was 33.6%, according to data from the Buenos Aires Institute of Statistics and Censuses.
Outside of this estimate, some consulting firms have revised the numbers a bit more in recent days and projected October-to-October inflation At 2.4%, such as Fundación Libertad y Progreso and Eco Go.
Thus, the cumulative inflation rate so far this year has reached 24.9%, while the year-on-year variation has reached 31.4%, continuing to slow. Starting next year, starting in January, the statistics agency will change the way it measures the pace of prices.
“The month showed a relatively even trajectory, with a slight acceleration at the end, but without sudden jumps,” they explained from Libertad and Progreso, stressing that “the food and beverage sector was growing significantly, moderating in the third week, only to accelerate again in the fourth week of the month.”
On his part, Analytics He pointed out that the general level of consumer prices will reach 2.2%a similar discrepancy to the official data for September.
For Equilibra, the figure will be around 2.1%, the same as in September, driven by the fundamental component (2.2%).
Meanwhile, the advisor C&T led by Camilo Tiscornia project Inflation 2% in Greater Buenos Aires (GBA) for the tenth month of the year, explaining that “miscellaneous goods and services were the item with the largest subtraction (4.5%), driven by a combination of increases in cigarettes, toiletries and cosmetics.”
In this context, they highlighted that price variation over a twelve-month period decreased slightly from 30.3% in September to 29.3% last month.
bkxk The consulting company was the one that estimated the lowest figure, at 1.9% for the tenth month of this year.
Price increases in butcher shops in recent weeks have put the “floor” for inflation above 2% month-on-month for the month, according to the first private estimates.
The impact of price increases on the most widely consumed cuts of meat will pressure the CPI in a way that leaves the index higher than expected in the central bank’s market expectations survey last Friday. The consensus of consulting companies and banks was for a price increase of 1.9% for this month and 2% for December.
Various consulting firms announced their first estimates of price increases in the first days of November. Enterprise analytics it The CPI for the month will be 2.3%. For its part, Econviews recorded a higher rate of price increase in the first week at 1.1%. Consulting firm EcoGo also revealed a weekly inflation rate of 1.1% at the start of November, a big jump from the 0.2% that ended October.
Regarding meat, they confirmed that “after several stable weeks, meat recorded an increase of 1.4%, driven by an increase in beef prices (2.5%), and we do not rule out new increases in the coming weeks.” Throughout November, EcoGo expects 2.5% CPI.
