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1h ago

INDEC to Publish October CPI as Consensus Points Slightly Above 2%

The result will set December pension increases, including the retirees' half‑year bonus.

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El precio de la energía eléctrica residencial cayó un 2,39 por ciento
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Overview

  • The national statistics agency will release October inflation on Wednesday, November 12 at 16:00 local time.
  • Private surveys and the Central Bank’s REM place the monthly rise around 2.0%–2.4%, with a central estimate of 2.2%.
  • Buenos Aires City reported a 2.2% monthly increase in October, offering a guide for the national reading.
  • ANSES will apply the October CPI to update December pensions and calculate the aguinaldo; BAE Negocios notes that if the rise were 2.1%, the minimum benefit and bonus would adjust accordingly.
  • Analysts link the current inflation path to restrained incomes and an intervened exchange rate, with reports showing real wages below November 2023 levels and a UBA study estimating a 34% real drop in the minimum wage.