Economy Politics Local 2025-12-07T19:55:08+00:00

Argentina's CPI Exceeds 2% in November

Analysts estimate Argentina's inflation at around 2.3-2.5% in November, marking the third consecutive month above the 2% threshold. Key drivers include food prices, particularly meat, and regulated services. Year-to-date inflation stands at 27.7%.


Argentina's CPI Exceeds 2% in November

Argentina's National Institute of Statistics and Censuses (INDEC) will this Thursday, December 11, release the Consumer Price Index (CPI) for November, which would have surpassed 2% for the third consecutive month, after returning to that threshold in September.

After registering a sharp deceleration in May (1.5%) compared to April (2.8%) and March (3.7%), the inflationary index resumed a slight upward trend in June (1.6%), July and August (1.9% both), September (2.1%), and October (2.3%), which would have continued in November, according to private analysts surveyed by the Noticias Argentinas news agency.

In this way, the indicator that the statistical body will reveal on Thursday, December 11, would represent the continuation of the return to figures exceeding 2%, which began in September and is expected to continue in the coming months.

The Market Expectations Survey (REM), prepared by the Central Bank based on private estimates, projected that inflation for the penultimate month of 2025 would have been 2.3% and expects the annual inflation to close 2025 at 30.4%.

The Equilibra report indicated that monthly inflation rose to 2.5% last month, with the main increases recorded 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%).