Overview
- INDEC reported November inflation at 2.5%, the third monthly acceleration, with 2025 cumulative inflation at 27.9% and the 12‑month rate at 31.4%.
- Food and non‑alcoholic beverages rose about 2.8% in November, with sharp monthly jumps in lemons (+30.4%), apples (+19.2%) and beef cuts such as asado (+13%), while key beef cuts are up 71%–77% year over year.
- Regional readings show uneven pressure, with Jujuy posting 2.8% in November—above the national figure—and local data citing notable increases in fruits and beef.
- Consumer monitors in Spain say typical Christmas baskets cost about 5.1% more than a year ago and 57% more than a decade ago, with avian influenza, fishing quotas and African swine fever pushing up eggs, seafood and pork; Galician markets report centolla at €40–50/kg, camarón up to €120/kg and nécora up to €80/kg.
- Analysts and IARAF note the gap between official averages and lived experience as frequently purchased foods climb and rents and utilities gain in relative price, intensifying pressure on family budgets.