Overview
- Private estimates place November’s CPI around 2.4%–2.6%, with EcoGo at 2.5%, PxQ at 2.6%, Analytica at 2.4% and Econviews near 2% with upside risk.
- Weekly and partial surveys report brisk gains in food, including EcoGo’s 0.9% rise in the second week, LCG’s 1.5% in the third week and a 3.43% first-half jump in a 21-item basket tracked by Consumidores Libres.
- Econviews found overall prices up 0.7% in the third week of November, highlighting a 4.4% increase in beef that offset a drop in vegetables.
- Regulated adjustments added pressure, with gas and electricity tariffs rising by more than 3% and the national bus fare up 9.7% after months of being frozen.
- Consultancies warn of persistent inflation as wholesale increases filter through and ‘repressed’ prices linger, with EcoGo’s Menescaldi projecting monthly readings near 2% and a potential slide toward 1% only by late first half of 2026.