December will bring a new round of increases that will affect different areas of daily consumption. Between rent, prepaid medications, utility rates, and transportation, families will face adjustments that will once again put pressure on the household budget. Below is a detailed review of the confirmed increases for the last month of the year.
Prepayment: increases ranging between 2.1% and 2.5%
Prepaid drug fees will increase in December between 2.1% and 2.5%This depends on the plan and cost structure of each company. The sector confirms that the amendments are due to an increase in medical expenses, supplies, and professional fees.
The main entities have already reported their modernization percentages:
- OSDE: 2.1% across the country and 2.5% in Patagonia.
- Galen: 23%.
- Swiss medical: 23%.
- Health prevention: 23%.
- Avalian: 23%.
- German Hospital: 23%.
- Italian society: 23%.
- Sancor: 2.3% in the Buenos Aires Metropolitan Area (AMBA).
With these increases, an individual plan that cost $65,000 in November will cost about $65,000. $66,300. In the case of a $150,000 family plan, the fees will be close to $153,300While higher plans that have already exceeded $200,000 will reach approx $204,600 In December.
The increases are in addition to the adjustments applied during the year and will be reflected in the bills of both individual users and family groups.
Public services: No new increases, but with an impact on bills
Although there will be no new electricity and gas price increases in December, bills for the month will reflect November consumption, which already includes previous increases.
In the case of electricity, ENRE has allowed new values for Cost of Private Distribution (CPD)which is the component that rewards distributors. Starting from November consumption – which will be paid in December – for users edisor A will pay 3.53% More compared to October, while users Edenor You will experience an increase in… 3.6%.
For gas, the amendment has been in effect since November 3.8%Which means that families will notice an increase in prices even without new decisions for December. Distributors reported that these consumptions will be transferred to monthly bills.
Public transport: new values for buses and subways
In the Buenos Aires metropolitan area, public transport will record new increases in December. A bus ticket in Buenos Aires will have an average value of close to $594While in the suburbs of Buenos Aires the basic fare will rise to approx $598which represents an increase in ranking 4.4%.
For subway users, the new value will be there $1,207This is within the framework of the price review mechanism accompanying the development of service costs.
Rentals: Updates according to the contract system
Leases that provide for quarterly updates will have an increase in… 6.43%. In agreements with a review every four months, the increase is 8.46%while semi-annual contracts will be modified by 14.1%. For annual update cases, the estimated increase is up to 39.2%.
The market maintains a consistent supply of one and two bedroom apartments at closing values similar to those agreed upon at the beginning of each negotiation. However, expenses continue to be an additional pressure factor, especially after recent increases in municipal and water service rates. In addition, there are high rates of delinquency, which raises concerns for consortium management and owners alike.