The private measurements on October inflation agree in pointing out that 3% monthly would be drilledsomething that has not happened for three years. It should be noted that In September the CPI was 3.5%a slowdown compared to the 4.2% in August, after several months of lateralizing. The official data of October It will be known next Tuesday, November 12.
So far this year until September, the INDEC price index showed an increase of 101.6%, while in the last 12 months it accumulated 209%. With a new slowdown, will year-on-year inflation be below 200%?
According to a survey of Eco Go“inflation seems to have broken the 3% barrier a little earlier than expected, and in October it would be, according to our estimates, at 2.8%“, while the average October variation of Food and Beverages would be a little above that level, at 3.1% monthly.
Consulted by this means, Claudio Caprarulodirector of Analyticsassured that last month’s measurement was 3.2%while the year-on-year figure would fall to 194.5%.
In turn, from C&T, The survey of retail prices for the GBA region marked an advance of 2.8% in October after 3.5% in September, which was the lowest since November 2021. In turnthe interannual variation was reduced to 196.4%, the lowest since November of last year, from 216% in September.
Finally, core inflation stood at 3.6%below the 3.8% in September and “with a downward trend throughout the month,” they highlighted.
The economist Ramiro Castiñera revealed that in Econometric their measurement of inflation “continues to decline” and that the estimate for last month stood at 2.9%. “It would be the lowest monthly inflation in three years”he wrote from his networks.
On this day it was also known the Consumer Price Index (CPI-CREEBBA) for October, which showed a variation of 2.4%reflecting for the second consecutive month a slowdown compared to the previous measurement (-0.7 percentage points). “With this record (the lowest since October 2021), Accumulated inflation during 2024 reached 121%, while the interannual variation amounted to 211%they highlighted.
Finally, from the consultancy lcgthey highlighted that in the last Food and Beverage Price Surveythe last week of October marked “a notable slowdown” in weekly inflation, with an almost zero variation of 0.1%.
However, they reported that The average monthly increase in food and beverage prices in the last four weeks amounted to 2.8% and the tip-to-tip measurement in the same period slowed down slightly, and stood at 3.2%. Inflation gave them 3.3% for October.
“The number of products without price variations increased significantly: 11 percentage points and it is found in 77% of the basket surveyed. In addition, the percentage of products with price increases and reductions fell 6 percentage points, offsetting their effect mutually,” they closed.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
