News of consumer prices

Milei risks reigniting inflation by floating Argentina’s peso

16-04-2025 12:35 Decision to ease currency controls is having an impact in the real economy. Retailers and importers are cautiously adjusting their prices as the peso weakens. And some fear it could spark inflation.

ECONOMIC INDICATORS

Brazil’s inflation hits two-year high amid rate hike debate

11-04-2025 11:26 Brazil’s annual inflation rate at its highest level in two years.

ECONOMY – ANALYSIS

Argentina disinflation stalled despite strength of the peso

15-03-2025 10:52 Economists surveyed by Argentina’s Central Bank expect year-on-year inflation to plunge to 23% this year.

ECONOMIC INDICATORS

Inflation in Buenos Aires City slowed to 2.1% in February

12-03-2025 16:26 Consumer prices slowed by one point last month from January; Inflation in capital in first two months of year totals 5.3%.

ANALYSIS: SHOCK THERAPY

Argentines ditch dining out as Milei’s policies strengthen peso

12-03-2025 13:58 President’s self-titled “shock therapy” of economic policies are making the country’s currency so expensive it’s doubled dinner tabs at restaurants that were booming not so long ago.

ANALYSIS

Argentina inflation hits lowest level since mid-2020

13-02-2025 16:41 Annual consumer price hikes dip below 100% for the first time in two years as Milei continues to tame inflation.

ANALYSIS

Milei hints at FX policy move after inflation slows below 3%

12-11-2024 17:23 Inflation slowed more than expected last month to its lowest level in three years, buoying an already ebullient President Javier Milei.

ECONOMIC INDICATORS

Inflation slowed to 2.7% in October – lowest level in almost three years

12-11-2024 16:59 Consumer prices have increased by 107% in the first 10 months of the year and by 193% over the last year, reveals INDEC bureau.

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.

ECONOMIC POLICY

Milei says he would slow crawling peg if inflation cools further

01-07-2024 12:10 President Javier Milei says peso could weaken at a slower pace if inflation cools to a certain level.

ECONOMY – ANALYSIS

Inflation cools for fourth straight month

14-05-2024 17:00 Monthly inflation in Argentina slowed in April for the fourth straight month, dropping into single-digit territory for the first time in Javier Milei’s Presidency.

Economic indicators

Monthly inflation slows to single digit: 8.8% in April

14-05-2024 16:13 Inflation dropped below 9% in April, reveals INDEC; Boost for Milei government but cost of living still rose 65% in the first four months of the year and totals 289.4% over the last 12 months.

FINANCE

Milei seeks US$15 billion for removal of currency controls

18-03-2024 11:24 President Javier Milei says he would open up restrictions on foreign currency immediately if he has US$15 billion; Money could be provided by the IMF, multilateral bodies, private investors and even “some countries."

ECONOMIC CRISIS

Milei caps minimum wage rise at 30% amid soaring inflation

21-02-2024 13:13 La Libertad Avanza leader backtracks on vow not to set minimum wage unilaterally; 30% hike over next two months for low-paid workers; Unions and employers fail to reach agreement.

ECONOMIC INDICATORS

Milei, Caputo hail ‘deceleration’ as annual inflation rate exceeds 250%

15-02-2024 14:31 Consumer prices slowed in January to 20.6%, reveals INDEC national statistics bureau; Annual inflation rate reaches 254%.

RUNAWAY PRICE HIKES

President Milei blasts inflation data, focused on reforms

15-02-2024 11:36 President Javier Milei blasts Argentina’s monthly inflation figure of 20.6% in January as “horrendous.”

ECONOMIC OUTLOOK

OECD: Argentina's inflation rate to soar to 250% this year

05-02-2024 10:02 Annual inflation rate expected to skyrocket to 250.6% in 2024, forecasts Organisation for Economic Cooperation and Development.

ECONOMIC OUTLOOK

IMF cuts Argentina 2024 growth forecast, forecasts 2.8% contraction

30-01-2024 15:55 Multilateral lender warns that inflation is expected to increase in the short term, projecting growth of minus 2.8 percent this year and plus five percent in 2025.

GRIPPED BY CRISIS

In danger of extinction? Middle class slammed by crisis and austerity measures

16-01-2024 17:16 The removal of subsidies, rising rent and the increased costs of prepaid healthcare schemes and private schools are slamming the middle class, specialists warn. March will be a difficult month with the start of classes and the billing of basic public services shooting up.

by Agustina Bordigoni

ECONOMIC INDICATORS

Venezuela's inflation rate slows to 189% – below Argentina's

13-01-2024 10:19 Venezuela recorded inflation of 189.9% last year, meaning that Argentina saw the highest consumer price hikes over the last 12 months in Latin America.

EDITORIAL

Prices out of the market

12-01-2024 15:24 President Milei wants to avoid the failures of Mauricio Macri’s gradualism but the shock approach might have too short a fuse.

ECONOMIC INDICATORS

Inflation surpassed 211% in 2023, reveals INDEC

11-01-2024 16:45 Prices jumped 25.5% in December last year following devaluation of peso; Food prices soared an incredible 251.3% over the last 12 months, says statistics bureau.

Living with inflation

Shopkeepers struggle to keep pace with soaring prices

25-11-2023 13:08 Annual inflation is already at 143% and prices rose even further after price controls on basic goods were eased.

Election 2023: Fall-out

Milei says it could take two years to tame Argentina's inflation

20-11-2023 12:51 President-elect says it will take between 18 and 24 months to bring Argentina's rampant inflation under control as he outlined his plans to reform the economy.

EDITORIAL

Cheaper by the dozen?

16-09-2023 05:47 While there is more than one reading of Sergio Massa’s tax cuts, all lead to more inflation. If one side of political polarisation blames the fiscal deficit for rising prices and the other business greed, both are simplistic.

ECONOMIC INDICATORS

Government to release inflation estimate on a weekly basis

15-09-2023 21:08 Argentina, which recorded a monthly inflation rate of 12.4% last month alone, will start releasing a weekly consumer price index.

ECONOMIC INDICATORS

Argentina's monthly inflation surges to 12.4%, worst since 1991

13-09-2023 19:56 Consumer prices rose 12.4% in August from July, the highest monthly increase since 1991 when the country was exiting hyperinflation.

ECONOMIC INDICATORS

Inflation in August hit 12.4% – highest monthly rate in 32 years

13-09-2023 16:11 Data from INDEC national statistics bureau shows consumer prices soared by more than 12% last month; First monthly figure to accommodate impact of post-PASO devaluation of peso; Inflation over last 12 months reaches 124.4%.

ECONOMIC INDICATORS

Brazil inflation accelerated in August to 4.61%

12-09-2023 14:54 Brazil’s inflation rate rises for second straight month in the wake of trimming of rates by central bank, but food prices decrease.

INTERVIEW / PERIODISMO PURO

Alejandro Werner: ‘Trump would’ve backed Fernández and Biden would’ve Macri’

02-09-2023 06:17 Former Western Hemisphere director for the International Monetary Fund and ex-Mexico government official Alejandro Werner on Argentina’s programme, political backing from Washington and the country’s troubled relationship with the multilateral lender.

by Jorge Fontevecchia

ECONOMIC INDICATORS

Inflation accelerates again with fears of worse to come

15-08-2023 16:37 Consumer prices rose 6.3% in July and are up 113.4% in the last 12 months; Measurement does not include this week’s devaluation of the official exchange rate, prompting analysts to warn of double-digit hikes in the near future.

ANALYSIS

Argentina monthly inflation slowed in June for second straight month

13-07-2023 16:58 Inflation in Argentina slowed more than expected for a second straight month in June, prolonging a brief respite even as living costs continue increasing at an elevated pace.

ECONOMIC INDICATORS

Inflation in Argentina slowed to 6% in June, reveals INDEC

13-07-2023 16:07 Prices have risen by 115.6% over the last 12 months and by more than 50% in the first half of the year, according to government data.

INFLATION DATA

Opposition slams government for ongoing inflation woes

15-06-2023 00:15 Opposition presidential hopefuls and critics from libertarians to leftists slam May inflation data and government’s “index of failure and decadence."

ANALYSIS

Inflation hits 114% as government faces dollar shortage

14-06-2023 22:24 Argentina's monthly inflation unexpectedly slows in May but stays elevated.

ECONOMIC INDICATORS

Consumer prices in Argentina rose 7.8% in May, reveals INDEC

14-06-2023 16:04 Inflation over the last 12 months now totals 114.2%, according to government data, with prices up 42.2% in the first five months of the year.

INTERVIEW / PERIODISMO PURO

Martín Guzmán: ‘Abandoning the currency never did anybody any good’

10-06-2023 06:27 Argentina’s former economy minister on tackling inflation, unifying the exchange rate regime, the IMF debt deal he negotiated and what happens after the October election.

by Jorge Fontevecchia

INTERVIEW / PERIODISMO PURO

Carlos Heller: ‘Lowering inflation is a must, otherwise no success is possible’

20-05-2023 07:00 Banco Credicoop banker and national deputy Carlos Heller on the never-ending battle against inflation, its causes and the impact of the drought on Argentina’s economy.

by Jorge Fontevecchia

FIGHT AGAINST INFLATION

Central Bank ramps up interest rate to 97% as inflation soars

15-05-2023 14:37 Argentina's Central Bank hiked its base interest rate Monday by six points to 97 percent, the first in a series of measures to tackle soaring inflation ahead of October's general election.

ECONOMIC INDICATORS

Prices rose 8.4% in April, pushing annual inflation rate to 108.8%

12-05-2023 16:06 Consumer prices rose 8.4% last month, reveals INDEC national statistics bureau; Inflation over the last year totals 108.8%, according to official data.