Overview
- IDECBA reported a 2.4% monthly rise in November, taking year-to-date inflation to 28.3% and the 12‑month rate to 32.6%.
- Housing and utilities had the largest impact at 2.5% alongside food and beverages at 2.2% and transport at 2.9%, with recreation and culture up 4.0% and restaurants and hotels up 2.7%.
- Services rose 2.5% versus 2.3% for goods, while regulated prices advanced 2.7%, seasonals 0.9% and the core proxy (Resto IPCBA) 2.5%.
- Analysts expect INDEC’s national CPI for November, due Thursday at 16:00, to exceed 2%, with private estimates clustered between 2.3% and 2.5% and REM projecting 30.4% inflation for 2025.
- Regional data compiled by BAE show most South American CPIs below 1% in November, with Bolivia at 0.4% and Ecuador at -0.44%, underscoring Argentina’s divergence.