After the figure of 2.4% in November, it was initially expected that in December it would accelerate again and be at 3%, but some measurements already give it at the same level as last month or slightly above .
Due to a seasonal factor, the consultants projected that December Inflation will be above November and amount to 3%. However, Measurements in the second week of this month were below expectations, and reports revised downward the CPI projection for the last month of 2024.
With data as of December 13, the Consumer Price Index of Orlando Ferreres (IPC-OJF) For last week, it measured general inflation of 0.2% and core inflation of 0.4%. So, Both this index and the one carried out by Equilibra, navigate at 2.3%-2.5%very similar to November’s inflation data (2.4% m/m).
“With the new high-frequency data, we revise downward our inflation projection for December, from 3% to 2.75%”detailed from Facimex.
According to the Retail Price Survey Eco Go In the second week of December, the weekly variation in food was 0.3%, which implies a December RPM projection of 3%. “Moderation in food contributed to correcting the indicator downwards compared to the initial projection,” they highlighted.
In your turn Analyticsalso released the projections for the second week of December, but in this case, in food and beverages, which placed them at 0.7%, which gives an average of four weeks in food and beverages at the level of 2.8%.
Inflation: the categories that increased the most, according to consulting firms
The categories with the greatest increase in the last four weeks, for this consultancy, were: fruit (+9.2%), oils, fats and butters (+6.4%) and other foods (+5.5%). The smallest increases occur in dairy (+2.2%), fish and seafood (+0.2%) and vegetables (-9.2%), something typical of seasonality.
For CyT AssociatesMeanwhile, the evolution of prices It would approach 3% monthly in December and the year would close at 118%. “It would be a notably lower inflation than the 211% in December of last year and even 161% in November of that year,” the director of the consulting firm Camilo Tiscornia expressed in the media.
Source: Ambito
