The Latin America and the Caribbean (LAC) region closed 2025 with zero monthly energy inflation, although this represents an increase compared to the previous month, when a negative value was recorded.
Annual energy inflation in 2025 was approximately half of that recorded in 2024, but twice the level observed in 2023.
Throughout 2025, annual energy inflation exhibited a narrower range of variation than in 2024 and a clear downward trend, resulting in a net decline of 6% between January and December. By comparison, 2024 exhibited a more irregular pattern, with a wider range of variation and a net increase of 113% over the year.
