News of 2023

Milei extends 2023 Budget for second year running

30-12-2024 15:46 President Javier Milei announces that Argentina's Budget for next year will be an extension of the current one – itself a rollover from 2023.

POVERTY IN ARGENTINA

Child poverty soared to 63% in Argentina in 2023, says UCA report

16-08-2024 06:41 Study by UCA’s Social Debt Observatory covering period 2010-2023 also reveals that 16.2% of children and teenagers currently live below the destitution line. Child poverty rate now at highest level since 2010.

ECONOMIC INDICATORS

Inflation accelerated slightly to 4.6% in June, says INDEC

12-07-2024 16:23 Inflation rose slightly in June from previous month, by 0.4 points; Consumer prices rose 4.6% overall in June and have soared 271.5% in the last 12 months.

POLITICS – ANALYSIS

Milei under pressure for the first time

06-07-2024 05:59 If the doubts regarding Milei’s capacity to preside over Argentina were tied to governability risk, Caputo’s are connected to credibility risk: it’s difficult to see how the current policy framework can be sustainable in time.

by Agustino Fontevecchia

ECONOMIC INDICATORS

Economic activity plunging amid austerity, confirms INDEC

23-05-2024 00:30 Bureau’s monthly estimate of economic activity records 8.4% drop for March; Industry and construction collapse, 5.3% slump in first quarter of 2024.

ECONOMIC INDICATORS

Inflation hit 211% in 2023, fastest gain in three decades

11-01-2024 16:27 Argentina ended 2023 with the fastest inflation in more than three decades as President Javier Milei started to unwind a thicket of currency controls and price freezes imposed by the previous administration.