This month and the next will be auspicious in terms of inflation. Met the expectations of the market, the Consumer Price Index (CPI) may not register variation in November or, even, fall slightly (by 0.1%); while in December, the bet also points to a small decline.
it would Be, in both cases, results very similar to those recorded in the same period of 2015.
Precisely, BBVA Research was one of the first to warn of the records negative inflation towards the end of the year. According to a report, BBVA aims to perishable foods, that contributed to inflation in previous months, would have "significant negative impacts" in the remainder of the year.
"The tomato, after being the main positive impact on the CPI of September (+0,23 pp), will begin to subtract inflation in October (9.1 in% m/m; inc. from-0.07 pp), along with products such as the avocado and season vegetables. For the next few months, we hope to continue the downward adjustment in prices of perishables, in particular the tomato, which would still be one of the main negative impacts on the remainder of the year", they said.
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