This is according to estimates by private consulting companies. The inflation rate in November is expected to exceed 2% for the third month in a row. INDEC will release its Consumer Price Index (CPI) report on Thursday, December 11 at 4 p.m.
Libertad y Progreso estimates the inflation rate at 2.3% per month. “While the annual variance would be 31.2%consolidating twenty-one consecutive months of slowdown.
According to the advisor. The first week of November began with a 1.0% jump This is largely due to the increase in regulated fares: prepaid fares rose by approximately 2.1% and transport recorded a 4.1% increase. “Thereafter, the pace moderated, with increases of 0.2% and 0.1% in the second and third weeks, respectively, while last week ended with a similar increase to the first week.”
Cordoba: Inflation in Almaceneros reached 2.4%, driven by a 10.4% increase in meat prices
“November showed a level of inflation in line with what was expected, with the delay resulting from electoral uncertainty,” said Ivan Kachanowski, chief economist at Libertad y Progreso. For December, we still expect a monthly inflation level above 2%.“We believe that from 2026, the deceleration process of inflation will return, and that even by the end of the year it may already be less than 1% per month.”
For her part, Equilibra estimates inflation at 2.5% driven by regulation (3.3%) and the primary ingredient (+2.4%), after significant increases in meat (4.5%) boosted the food and non-alcoholic beverages category (2.8%).
EcoGo estimates inflation at around 2.5%. “Although the correction in beef prices continued, lower vegetable prices contributed to a moderation in food price inflation, helping the index to remain in line with what was expected the previous week.”
“next to, Impact of the increase in fuel and transportationE (the lines responsible for the nation recorded an increase of 9.7%) were limited compared to the level of general inflation, partly because it was the third week of the month and also compensated for lower-than-expected increases in other items.
Beef and Cyber Monday
For CyT, price variation in Greater Buenos Aires showed a monthly increase of 2.4%, with a growth of 29.1% year-on-year. The consulting firm attributes the monthly inflation to three factors: a 2.6% increase in beef prices, Cyber Monday sales, and increases in regulated services.
“Beef prices have accelerated since October and increased in November, giving a significant boost to the household food component (heaviest), which rose by 2.6% during the month, above average. The increase in the component was not greater due to a 12% decrease in vegetables, which are a seasonal component; in the other components there was also some moderation compared to October.”
As for Cyber Monday, “it led to lower prices for many items during the first week of the month, but had a particular impact on household equipment, which includes various appliances. Regarding regulated services, public transport, electricity and gas showed higher increases than in previous months,” the CyT report says.
Clothing was the item that saw the largest increase (about 5%) due to increases in the first part of the month, which then led to declines at the end of the month.