The inflation expectation rose to 50.4% in November

The inflation expectation rose to 50.4% in November

The November result represents an increase of 3.7 percentage points compared to the October measurement (46.7%). Since June 2021, when it had reached a peak of 51.4%, expected inflation had been on a decreasing trend, reaching the lowest level since April of this year in October..

Sebastián Auguste, director of the Center for Research in Finance of the UTDT, pointed out that “the increase in inflation expectations in November was generalized, for all regions and for different income levels. By region, GBA continues to be the least inflation expectations present (48.7%) and by type of income, lower-income households expect less inflation, although the gap narrowed a lot. In October, high-income households expected 49.3% and low-income households 44 , 8%, in November it was 51.1% and 47.9%, respectively ”.

Source From: Ambito

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