Overview
- The City of Buenos Aires consumer price index rose 2.2% in October, matching September, with inflation at 25.3% year to date and 33.6% over 12 months, according to Idecba.
- Housing, food, restaurants and hotels, transport, and health accounted for 64.8% of the monthly rise; fruits jumped 8.6%, bread and cereals 2.7%, meats 1.7%, health about 2.0% on prepaid updates, and transport 1.9% on fuel.
- National food prices were reported up about 3% in October, with at‑home purchases rising 2.7% and eating out 4.0%, while INDEC will release the national CPI on November 12.
- November brings confirmed administered increases including rent adjustments for legacy contracts, gas tariffs near 3.8%, prepaid health fees of roughly 2.1%–2.9%, higher public transport fares, fuel tax updates, and new electricity hikes for Edenor and Edesur.
- Construction remains under strain after the halt in public works, with about 60,462 formal jobs lost since late 2023 and industry estimates near 120,000 in total, quarries operating around 25% capacity, and INDEC’s ISAC showing a 0.9% monthly and 6.8% annual rise in September.