The consulting firm LCG released a report predicting inflation of 2.2%, where the Food and Beverages category closed with an increase of 0.3%. December inflation will be released by Indec on Tuesday, January 14, as announced by the organization.
“The average monthly increase is 2.2%. So far this month it has accumulated a variation of 1%,” the consulting firm indicated. On the part of Orlando JF y Asociados, they expect inflation between 2.3% and 2.5%, similar to that of November (2.4%).
Eco Go gave a weekly food variation of 0.3%, which implies a Retail Price Survey (RPM) of 3%. “Moderation in food contributed to correcting the indicator downwards compared to the initial projection,” they maintained.
On the Analytica side, they recorded a 0.7% in food and beverages, giving a four-week average of 2.8%.
Bahía Blanca with low inflation: record since 2020
In Bahía Blanca, the IPC Online Consulting Firm maintained that the last month of 2024 will close with an inflation of 0.68%, where food and beverages presented a deflation of 1.12% as a result of a “contractionary monetary policy” and “consequent price adjustments.”
In that way, the cost of living for that Buenos Aires city would be a record since May 2020, when it had given 0.41 percent, in the midst of the global coronavirus pandemic. Regarding interannual inflation, for the last 12 months, it showed a drop of 50 points, closing at 116.77%.
Another item that fell was Home equipment and maintenance, with a deflation of 0.16%. Regarding increases, Water and sanitary services (50%), Accommodation (23.2%) and Beer (10.73%) stand out among those that increased the most.
Regarding weekly variations, The consulting firm’s report stated deflation and “downward trends.” And they foresee “moderate inflation” (between 1% and 2%) for January, benefiting from the negative “carry-over effect” of December
“2024 closes with an accumulated year-on-year inflation rate of 116.77%, close to the expected floor. The policies applied since mid-year managed to slow down inflation drastically, taking several chapters to negative numbers,” he concluded.
Source: Ambito
