The year-on-year variation was estimated at 31%. EcoGo Consultors, for its part, estimated that last month's inflation reached 2.5%, with an average variation in food and beverages that climbed to 3%, stating that “November was a month of normalization but also of corrections that contributed to keeping inflation on the rise”. Regarding the price dynamics of food, it emphasized that “both meat and fruits impacted the dynamics, particularly in the first two weeks of the month, with corrections of 5.8% and 18.7% respectively”. The Libertad y Progreso Foundation estimated that inflation closed at 2.3% in November. This way, so far this year, accumulated inflation is 27.7%, while the year-on-year variation stood at 31.2%, continuing its deceleration. From Libertad y Progreso, they explained that “these tenths of a percent above 2% that we have seen since September are fundamentally due to the depreciation of the peso since mid-year, which will continue to impact in the coming months”. The retail price survey by the C&T consultancy for the Gran Buenos Aires region had a monthly increase of 2.4% last month, explaining that “the price dynamics during the month were particularly influenced by three factors: the price of beef, Cyber Monday, and regulated services”. In this regard, it specified that “beef had been accelerating since October and did so even more in November, which gave great impetus to the food consumed at home category (the one with the highest weight), which increased 2.6% in the month, above the average”. For its part, it rescued that “Cyber Monday led to a reduction in prices in several categories during the first week of the month, but had a particular impact on home equipment, which includes various appliances”. As for regulated services, public transport, electricity, and gas, the report pointed out that “they showed increases higher than in previous months”. In this context, the consultancy highlighted that the twelve-month price variation slightly decreased to 29.1% last month. The national data preview Inflation in CABA rose to 2.4% in November and accumulates an increase of 28.3% so far this year. Inflation in the City of Buenos Aires (CABA) accelerated to 2.4% in November and accumulates an increase of 28.3% in the first 11 months of the year, according to the report from the Buenos Aires Statistics and Census Institute (IDECBA). This way, the Consumer Price Index of Buenos Aires (IPCBA) recorded a year-on-year variation of 32.6% in the second-to-last month of the year, 1 percentage point below October. The report from the statistical body indicated that November's variation was fundamentally due to increases in the following divisions: Housing, water, electricity, gas, and other fuels; Food and non-alcoholic beverages; Transport; Restaurants and hotels; and Recreation and culture, which together explained 70.4% of the increase in the General Level. At what time will INDEC release the inflation data. The body led by Marco Lavagna will release the Consumer Price Index (IPC) corresponding to the eleventh month of 2025 next Thursday, December 11, at 4:00 PM. After having registered a strong deceleration in May (1.5%) compared to April (2.8%) and March (3.7%), the inflation index slightly resumed its upward path in June (1.6%), July and August (1.9% both), September (2.1%), and October (2.3%), which, according to estimates from private analysts surveyed by the Argentine News Agency, would have continued in November. What the consultancies expect and at what time it will be known. November's IPC would have been between 2.3% and 2.5%. Inflation: the official November data is anticipated. The main private consultancies, along with the Central Bank's REM, place the Consumer Price Index (IPC) for the last month of the year between 2.3% and 2.5%. The Market Expectations Survey (REM), which the Central Bank prepares based on private estimates, projected that last month's inflation would have been at 2.3% and expects year-end inflation for 2025 to close at 30.4%. Equilibra's report indicated that monthly inflation advanced to 2.5% last month, with the main increases occurring in the categories of housing, water, electricity, and other fuels (3.4%), transport (3.4%), communication (3.1%), and food and non-alcoholic beverages (2.8%). Buenos Aires, December 10 (NA) – The National Institute of Statistics and Censuses (INDEC) will release the inflation data for the month of this Thursday.
