Official numbers have been showing a 6.8% increase in the cost of living in October. But among analysts the figures rise to 11%.
Both the Ministry of Economy and private consulting firms agree that inflation is slowing during the current monthafter the strong impact that the devaluation of the official exchange rate at the end of August and the rise in financial dollars had on prices.
The most optimistic estimate corresponds to the Palacio de Hacienda. The official numbers are giving an increase of 6.8% for the cost of living in October, according to what you learned Ambit. But Among analysts the figures rise to 11%in any case, below the 12.7% that September showed.
With data from the second week of the month, the estimates of the Secretariat of Economic Policy from the Ministry of Economy show that the accumulated figure is 4.7%. If there were a 1.5% increase for the last two weeks of October, The official expectation is that the index will be around 7%.
Ecolatina’s measurement rose 8.1% in October after double-digit records in August and September. The consultant points out that the moderation was mainly driven by lower growth in Health (+4.1%), Home Equipment and Maintenance (+6.5%) and Food and Beverages (+6.8%). On the other hand, the chapters that led the increase were Clothing (+14.2%) and Education (+13.8%).
Thus, It projects that the general index would be 9.1% in October and that annual inflation would reach 175.6%.
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The economist’s data Camilo Tiscornia They are similar. Its measurement showed 7% in the first week of October compared to the same period in September. And the second is located at a monthly projection of 9%, with a possible acceleration in the third.
“If there is no disaster, if the dollars do not jump again, inflation could be below double digits”Tiscornia said, in response to a query from Ambit.
For its part, the consulting firm Eco Go projects an inflation of 11% for the month. In this sense, the 11.3% increase that has been registered in the food sector has a particular impact. This segment was led by citrus fruits, with an increase of 13.6%.
Source: Ambito
