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6h ago

Buenos Aires City Inflation Holds at 2.2% in October as Housing and Food Lead Gains

Regulated hikes taking effect in November threaten to lift household costs despite an early‑month easing in food prices.

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La inflación trepó al 2,2% en la Ciudad de Buenos Aires (CABA) durante octubre (NA).
Los niveles de empleo se ubican en torno a los de 2021, en plena pospandemia, pero los especialistas advierten que el impacto va mucho más allá.
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Overview

  • City data show IPCBA rose 2.2% in October, matching September, for a 25.3% year‑to‑date increase and 33.6% over 12 months.
  • Housing, food and non‑alcoholic beverages, restaurants and hotels, transport, and health explained 64.8% of the monthly rise, with fruits up 8.6%, bread and cereals 2.7%, and meats 1.7%.
  • Confirmed November adjustments include a 3.8% average gas tariff increase (Enargas), electricity bill hikes for Edenor (3.6%) and Edesur (3.53%) with monthly billing, higher AMBA transport fares, rent resets near 38% for affected contracts, prepaid health fee rises of 2.1%–2.9%, and fuel taxes lifting pump prices.
  • A weekly LCG survey reports AMBA food prices rose 0.4% in the first week of November, signaling tentative deceleration after late‑October exchange‑rate volatility.
  • Mexico’s inflation slowed to 3.57% year on year in October, with core at 4.28%, as electricity and some services rose and several fruits and vegetables fell in price.