Taxis start November with a 50% increase

The taxis in the Autonomous City of Buenos Aires (CABA) will have a 50% increase in rates from this Fridaythus completing the adjustment scheme planned for the second half of the year. This increase is added to the adjustment made in August, when a similar increase was also applied.

The decision to update the rates was made in July by the City Government, in response to what they considered a “outdating day and night rates” due to increased input costs. With this setting, the tab daytime rises from $128 to $192while the night increases from $154 to $230.

The increase will also be reflected in the flag loweringwhich is equivalent to ten tokens. Thus, the initial price of the trip will go from $1,280 to $1,920 during the day and from $1,540 to $2,300 at night (from 10 p.m. to 6 a.m.).

Regarding the transportation of luggage, a carry-on suitcase or a small package (approximately 0.90m x 0.40m x 0.30m) can be carried no extra charge. However, the larger luggage will have an additional cost equivalent to five tokens, that is, $960.

The increases that arrive in November: transportation, water, prepaid bills and rents

November arrives with increases in services. While October inflation could be below 3.5% registered in September, the penultimate month of the year is loaded with increases that will impact the pocket. Below is the detail of each increase.

Water

Water and sewer service will also increase next week. The increase in price will be 4% in the Buenos Aires Metropolitan Area (AMBA) on the part of Argentine Water and Sanitation (AySA). In October the service had increased by 5%.

For users considered within the High Zonal Level (20% of the total), the average rate from November will be $25,238an increase of 31% since the application of the new calculation system last April.

Regarding users of the Medium Zonal Level (37% of the total), the average to pay will be $22,920 and those integrated into the Low Zonal Level (44% of the total), the average rate will reach $18,417.

Fuels

After the 1% price drop that occurred this month, In November fuel prices will rise again.

It is still not known precisely what the percentage increase will be for gasoline and diesel at the point of sale. From the sector they contemplate a margin of between 4% and 9%.

In September, the stations sold 11% less year-on-year, if we compare the sale of 1,313,875 m3 of gasoline and diesel throughout the national territory, compared to 1,489,197 m3 that they shipped in the same month last year, according to data published by the Ministry of Energy of the Nation.

Rentals

For those tenants who keep the contract tied to the terms and conditions of the Rent Law repealedthey will have to face a annual update in November around 227%, according to the Lease Contract Index (ICL).

When these contracts end, the indicator and frequency to update the rental amount will be subject to negotiation between the parties.

Prepaid

For November, the increases in the private medicine sector They range between 3.9% and 6.9%. If so, they would exceed September inflation (3.5%) and that estimated for October. Some consultancies project it just below 3%, such as Eco Go, from Marina Dal Poggetto, which is betting on 2.8%.

Electricity rate in Province of Buenos Aires

The government of the province of Buenos Aires approved a new increase in the electricity rate, which responds to the adjustment in the Power Reference Prices (POTREF) and the Stabilized Energy Price (PEE), determined by the National Energy Secretariat.

This increase will be 8%as shown in the Resolution 1156/2024 of the Provincial Official Gazette. The same will be applied for October consumption, having an impact on the tickets that users will receive in the beginning of november.