2023-10-25 11:54:12
The indexation of many prices in the economy is one of the reasons why inflation in Argentina is so inflexible downwards. This is, the price of some goods and services are adjusted by lawaccording to the variation in the general price level and other indicators. The month of November will not be the exception.
The beginning of a new month implies, as usual, an update in the values of rents, prepaid medicine fees, domestic staff, and others. Review below How much are the November increases? and if it is your responsibility to pay them.
November increases: rents
Those tenants who, on November 1, celebrate one or two years since signing the rental contract, must face an increase of 119.5% in the rental fee. Therefore, they have to pay from November and for twelve months more than double what they had been paying until July.
- 119,5%
- It is the increase in rents that are renewed on November 1.
November increases: domestic workers
The National Commission for Work in Private Homes agreed to a 34% increase to be paid in three installments. The second of them will take place in the month of November and will be 12%. In this way, the hourly wage with retirement of people who perform general tasks in private homes will be $1,311 starting next month, while the hourly wage without retirement remains at $1,414.
- 12%
- This will be the increase in domestic employees in the month of November.
November increases: television, telephone and internet
The Government authorized monthly increases in pay television, telephone and internet rates from May to December 2023. In the month of November such prices once once more have an increase of 4.5%.
- 4,5%
- Increase in the price of television, telephone and internet services in November.
November increases: prepaid
Although a freeze on prepaid medicine fees was determined, the same It will not be automatic or for all users. Those who meet certain requirements must complete an online affidavit. These include not having gross monthly income equal to or greater than $2,000,000, not being the owner of two or more properties or 3 or more vehicles, among others.
Those who do not complete the affidavit will pay an increase in the fee of 10.98% in November. Those who meet the requirements and complete the process every month will freeze the fee until December inclusive. During these months, unapplied increases will accumulate and must be paid later.
- 10,98%
- It is the increase in prepaid payments in the month of November 2023.
November increases: fuel and rates
The Government agreed to freeze energy rates, so in principle no increases are expected. In the case of fuels, following the increase registered the day following the elections, definitions on renegotiations are awaited, since the current freeze ends at the end of October.
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