Overview
- Private projections point to an annual rate near 31%, the lowest in seven to eight years, even if December lands around 2.5% to 3%.
- Consumer prices rose 27.9% from January to November after midyear lows of 1.5%–1.9% monthly, followed by an acceleration to 2.1% in September, 2.3% in October and 2.5% in November.
- Analysts cite a sharp rise in beef as a key driver in December, with CICCRA reporting a 12.8% monthly jump in November cattle prices and EcoGo estimating meat increases near 8.5%–10.5%.
- The 2026 Budget’s 10.1% inflation goal is widely seen as optimistic in light of the updated exchange-rate band and other macro factors, with many forecasts clustering between roughly 16% and 26%.
- INDEC is slated to release December inflation on January 13, and several consultancies currently estimate a monthly reading close to 2.5%.