After the slowdown of October prices (2.7%)he National Institute of Statistics and Censuses (INDEC) will announce this Wednesday, December 11, the inflation corresponding to November. According consultants private, the data will be between 2.4% and 3%.
Balance indicated that monthly inflation will be 2.6%, registering an increase of food and regulated and a slowdown of the rest. He also added that weekly inflation was 0.8%.
The consultant Analytics recorded an inflation of 2.7% for November and 0.4% during the third week of November in food and beverage prices. It marked increases in the prices of gas, electricity, water and naphtha, and in products with seasonality such as fruits, vegetables, hospitality, education and dress.
EcoGo Consultants estimated that inflation will be 3.2%. Sebastián Menescaldi, its director, assured that it is due to the increase in the prices of fuels (2.8%), rates electricity and gas (2.5% and 2.7%), prepaid (5% on average) and private schools (4.5% in CABA and 3.6% in PBA).
As to Invecq, stated that the inflation of the eleventh month will be 2.5% with an increase in beverages and food that “could raise the general inflation forecast for the end of the month.”
Freedom and Progress assured that inflation will close in 2.9%. Its director, Aldo Abram, confirmed that “it continues to be a slowdown” because “generally and due to seasonality” the months of October “usually have lower figures” than those of September and October.
According to the Survey of Market Expectations (REM)published by the Central Bank (BCRA) on November 7, the projection of monthly inflation is 2.9%while the year-on-year figure is 120%. For the Core Consumer Price Index (CPI) they estimated that it will be 2.8% for the month of November.
Inflation: November is on track to maintain a figure below 3% for the second month
If the consultants’ projection is confirmed, it would be the second consecutive month to be below 3%. The inflation of October closed at 2.7%representing a drop of 0.8 percentage points compared to September (3.5%). It was the lowest figure in almost three years since November 2021.
Among the sectors that registered the least increases last month was Food and non-alcoholic beverages (+1.2%), which has a strong impact on the index, in addition to Transport (+1.2%). On the other hand, the areas with the greatest increases were: Housing, water, electricity, gas and other fuels (+5.4%) due to increases in rents and expenses related to services such as electricity, gas and water, followed by Clothing and footwear (+4.4%).
So far this year, it has accumulated an increase of 107%. Furthermore, with the figure for the tenth month it was possible to break the record of 200% year-on-year since it closed at 193%.
Source: Ambito
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