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Buenos Aires City Inflation Holds at 2.2% in October

The city report highlights housing and food as the biggest drivers, with the national inflation reading due on Nov. 12.

Overview

  • Idecba reported 2.2% monthly inflation, leaving the year-to-date rise at 25.3% and the 12‑month rate at 33.6%.
  • Five divisions accounted for 64.8% of the monthly increase: housing, food and nonalcoholic beverages, restaurants and hotels, transport, and health.
  • Housing costs were lifted by rent and building fees, while transport reflected higher fuel prices and health by increases in prepaid medical plans.
  • Within food, fruits rose 8.6%, bread and cereals 2.7%, and meats 1.7%; goods increased 2.2% versus 2.1% for services, with regulated prices up 1.9% and seasonal items 2.8%.
  • Confirmed November adjustments to rents, utility and transport tariffs, prepaid health plans, and fuel taxes add near‑term pressure, and private forecasts put October’s national CPI roughly in the 2.0%–2.8% range before INDEC’s Nov. 12 release.