In this area, last week, since July last year. Consumer Price Index (CPI) what is measured index settled around 2% And there has been no disinflation since May 2025 (i.e. since 5 months ago). This week, the organization released data for October: Consumer prices rose twenty three% October 2025 compared to September 2025; 31.3% compared to previous year accumulated an increase in 24.8% First 10 months of the year. Therefore, for three consecutive measurements, acceleration of inflation.
November 3rd, Institute of Social and Economic Statistics (Yetze) has published and distributed the corresponding Economic and Social Report for October 2025. In that report, the inflation rate twenty three% The above period in our state viz. cordoba We predicted national numbers.
In its report, the Institute highlighted that this figure coexists with: slump in consumption (October was the worst month of the year for retail sales, with year-on-year declines) 9.5% compared to previous year quantitatively). “Given expected increases in petrol, utility, prepaid and fuel prices, inflation is likely to remain persistent, but it is unlikely to breach the 2% monthly floor again for the remainder of this year.” Erosion of purchasing power and restrict domestic consumption.
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Therefore, the economic and social scenario for October 2025 confirms the following situation. structural vulnerabilities. Shrinking consumption, family debt, and increased dependence on public assistance have drawn a difficult social map.
“The recent electoral support received by the central government is both a confirmation of confidence and a call to responsibility. Society is making great efforts to avoid another crisis, even at the cost of its own well-being, and is undoubtedly waiting for a response from the government.” economic rationality And mainly, social sensitivity‘, the document concluded.
A blank check?
However, that is not the ruling party’s interpretation. Voting rate 40.7% virtually on October 26 last year. blank check. The problem is that this triumphalist decoding could lead to a deepening of the problems both countries are reporting. hard data of India’s official statistics such as soft data Survey results.
According to the organization, credit card Or the household’s confidence in covering expenses has almost increased. 29 percentage points Between the second half of 2023 (the end of Frente de Todos management) and the first half of 2025. this is, loss of purchasing power It was registered after the change of government in December 2023.
Similarly, a decrease in relative income results in an increase in income. household debt: 1/4 (25.5%) generally took out loans, but among the most vulnerable (i.e. low-income groups), almost one in three households fell into debt (30.4%).
This adjusted situation, illustrated by Indec’s hard data, socio-economic anxiety Soft data from recent surveys shows: According to a national survey conducted by a consulting firm. Zentrix For the first minority, the Santa Cruz Economic Federation, 40.5% He says the current economic situation is like this. negative and almost 32% reply usuallywhat accumulates 72.3% discomfortvs. almost 28% Those who answered that their financial situation is positive.
structural vulnerability
According to the consulting firm, along the same lines house 3, 41% Today, you feel like your financial situation is: bad than my parents 27% recognize that it is equal and the same percentage believe that better. The correspondence is essentially linear; pure pessimism on top 40% And the optimism below 30%.
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Therefore, the hard and soft data reviewed are structural vulnerabilities In terms of household debt and perception of current economic situation. In summary, this outlines: crisis situation that is contradictory Exhilaration after the election of the ruling party.
Along these lines, the latest research conducted by D’Alessio/IROL I have issued a warning. 45% Number of voters shown happy Election results (numbers with approximately the same digits) 41% On October 26th, La Libertad Avanza gained many allies), 52% It became clear discomfort And within that segment, 44% declared Not happy at all (This corresponds exactly to the vote for Union por la Patria in the runoff almost two years ago).
In other words, polarization October 26th has a slightly asymmetrical advantage for the ruling party (40.7% vs. 34.9%) left a gap of 5.8pptransitions to asymmetric polarization Unfavorable for LLAWith the balance of -7pp.
Public opinion and market analysts
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