News of economy

Economic activity records biggest monthly fall since pandemic

Yesterday 18:12 Economic activity plunged 2.9% in July from previous month, biggest fall since pandemic; Down 1.4% year-on-year, reports INDEC.

Poverty in Argentina rose to 32.3% in first half of 2026

Yesterday 16:27 INDEC says 9.7 million people in urban areas are now considered poor in Argentina as household incomes struggle to keep pace with rising costs; Poverty up four points in six months, worrying sign for Milei administration.

Milei’s US trade deal under threat as Argentina demands better terms

22-09-2026 11:26 Milei government tells Trump administration it doesn't have the votes in Congress to ratify bilateral trade agreement signed last February and are seeking renegotiation of the terms.

Fidget, fudge it, Budget

19-09-2026 00:34 National budgets only started with any regularity after the Constitution of 1853 when Argentina’s first elected president Justo José de Urquiza created the modern Economy Ministry in 1854.

by Michael Soltys

Unemployment in Argentina reaches 7.9%, highest level since 2021

17-09-2026 17:24 Unemployment figure represents jobless people available for work and actively seeking employment as a percentage of the economically active.

Economy posts first quarterly contraction since 2024

17-09-2026 17:21 GDP fell 0.6% in the April-June period from the previous three months, better than expectations. On an annual basis, Argentina's economy expanded 2%, reveals INDEC.

Defying Milei, Quintela brings back his ‘chachos’ currency in La Rioja

16-09-2026 10:19 The return of the ‘chacho’ currency, which circulates only in opposition-led La Rioja Province, exposes a stubborn reality lying just beneath the President’s radical reform agenda.

Budget: Government projects 4% growth and 18% inflation for 2027

15-09-2026 20:12 Milei government unveils its forecast in 2027 Budget bill that it will present to Congress; Annual inflation currently stands at 33.5%.

Inflation slowed to 14-month low in August

10-09-2026 16:11 Monthly inflation falls to 1.7%, annual rate now standing at 33.5%; Figure marks a return to the government's hoped-for downward trajectory after July's uptick.

IMF says household debt defaults pose no risk to economy

10-09-2026 15:00 Some 5.8 million Argentines are considered to be in arrears, meaning they are more than 90 days behind on debt repayments, according to recent Central Bank figures

Oil and crop prices save Milei from surging demand for dollars

09-09-2026 14:56 Purchases of US banknotes jump, but remarkably, the peso has emerged largely untouced – an unusual feat for the historically volatile currency.

Inflation in City slowed to 1.7% in August

08-09-2026 16:40 Price hikes in the capital slowed for the first time in two months; Deceleration offers potential early read ahead of Thursday's national data from INDEC.

Time to batten down the hatches

05-09-2026 00:09 Economists and financiers are not the only people who suspect that bad times are in the offing. The “rules-based order” underpinned by the US is falling apart.

by James Neilson

Cartoneros face an uncertain future in Buenos Aires

04-09-2026 13:45 The cartoneros emerged from Argentina’s 2001 crisis and became a key part of Buenos Aires waste management network. But City Hall looks to private contractors, tighter enforcement and technology, thousands of informal recyclers fear they are being pushed out.

by David Sorbaro in Buenos Aires

Asia refiners scoop up Argentine oil as Iran war hits supply

31-08-2026 17:53 Processors in Japan, South Korea and China bought Argentina’s Medanito oil in recent weeks.

Trump administration urges Milei to advance US-Argentina trade deal

31-08-2026 17:10 Washington wants Argentina to move ahead with parliamentary ratification as trade between two nations soars.

Vaca Muerta LNG project secures US$900-million international loan

29-08-2026 05:30 Consortium involving Pan American Energy (PAE), YPF and Pampa Energía, along with international partners, closes a key project finance deal; Funding unlocked to build the pipeline that will carry Vaca Muerta gas to export terminals on the Atlantic coast.

by Eugenia Muzio

Peter Thiel becomes anti-Milei rallying cry for Argentina’s left

28-08-2026 15:11 In Argentina, Peter Thiel has become an avatar for the left’s charge that President Javier Milei is putting the country up for sale.

Argentina’s ‘lost decade’ – formal private employment still at 2016 levels

25-08-2026 18:15 Companies have cut back on their hiring and the search for staff has fallen to its lowest levels in the past year; Surveys warn about an advance of jobs with less labour law protections.

by Gabriel Zorrilla

Argentina's exports set to top US$100 billion this year, LCG says

25-08-2026 12:33 Argentina’s exports could clear the US$100-billion mark this year; Trade surplus, LCG says, will top US$20 billion – almost double last year's total.