Overview
- Private consultancies estimated December inflation at 2.5%–2.6%, signaling a seventh straight month without disinflation and exceeding the REM’s 2.1% projection.
- IETSE measured December at 2.26% and put 2025 inflation at 31.4%, a sharp drop from 2023 and 2024 and the lowest annual rate in a decade.
- Food and beverages drove December’s gains, with beef up 9% in the month, alongside pressure from regulated items such as transport, fuel, and services tied to tourism and dining.
- Household surveys showed continued strain with high poverty and indigence thresholds, 55.7% unable to cover the basic food basket, heavy reliance on credit, and widespread meal skipping.
- From January 2026, INDEC’s CPI will adopt new weights and broader price coverage, a shift analysts say will lift measured inflation as well as poverty and indigence indicators.