The index of inflation November 2024 stood at 2.4%, which represents a significant increase compared to previous months. This increase has generated concern among economists and analysts, who now wonder how high the inflation rate can reach in December.
To better understand the possible projections, it is important to analyze the factors that have contributed to the increase in inflation in November. Among these factors are the increase in food and fuel prices, as well as the growing demand for goods and services after the relaxation of health restrictions.
In addition, political uncertainty and fluctuations in international markets have also played an important role. Regarding projections for December, some economists estimate that the inflation rate could reach 2.6% or even 2.8%, depending on how the economic and political situation evolves.
Other analysts, however, are more optimistic and believe that the inflation rate could stabilize around 2.5%, thanks to the corrective measures that governments and monetary authorities are implementing.
It is important to highlight that the Central Bank has taken measures to control inflation, such as increasing interest rates and implementing restrictive monetary policies.. These measures are designed to reduce aggregate demand and therefore slow price increases.
However, the success of these measures will largely depend on the response of consumers and businesses. In addition, the evolution of international prices of goods and services will also be a determining factor.
Prices
If prices of raw materials and imported products continue to rise, the inflation in December is greater than expected. On the other hand, if a decrease in international prices is observed, this could help moderate inflation.
Another aspect to consider is the impact of the government’s fiscal policies. If austerity measures are implemented or public spending is reduced, this could help control inflation. However, if the government decides to increase public spending to boost economic growth, this could lead to additional inflationary pressures.
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