The National Institute of Censuses and Statistics (INDEC) will report this Tuesday the data of the Consumer Price Index (CPI) corresponding to October, which According to projections, it could be at 3% or even at a floor of 2.7%.
According to the organization’s dissemination calendar, the announcement will be at 4:00 p.m. In September, inflation was 3.5% and accumulated 101.6% in the year, while standing at 209% year-on-year.
Private analysts who measure the progress of inflation agree that in October the CPI would even be below 3 points.
For its part, last week the inflation data in the City of Buenos Aires was known, which was 3.2% in October, a measurement that is generally always higher than the national cost of living.
The Buenos Aires Institute of Statistics and Censuses revealed a price increase in October that implied a slowdown of 0.8 percentage points compared to the September data (4%).
Thus, the CABA CPI accumulated an increase of 122.1% in the first ten months of 2024, while the increase reached 200.9% in the interannual comparison.
The monthly variation in Buenos Aires prices in October was driven by increases in clothing, restaurants, health and education.
The items with the greatest increases were Insurance and financial services 7%; Clothing and footwear 5%; Restaurants and hotels 4.7%; Health 4.5%: Housing, water, electricity, gas and other fuels 4.3%; Recreation and culture and Education 4.2%; and Alcoholic beverages and tobacco 4%.
In relation to Goods, these registered an increase of 2.2%, below Services which increased 3.9%. The increase in Regulated was 3.1%; Seasonal 0.6%, and rest (core) 3.6%.
Source: Ambito
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