News of data

Inflation exceeds government's annual target, just seven months into year

13-08-2021 03:21 Inflation in Argentina slowed for a fourth consecutive month in July, but still rose 3%, above expectations. Prices have risen 29.1% since January, and by 51.8% over the past 12 months.

Inflation cools as government slows peso depreciation

12-08-2021 18:49 Inflation in Argentina cooled for the fourth consecutive month in July, as the government tightened its grip on the daily depreciation of the peso.

Inflation slows for third month to below forecast

15-07-2021 17:27 From a year ago, inflation reached 50.2%, the highest annual rate since early 2020, according to government data.

100,000 virus deaths: Government decrees five days of mourning

15-07-2021 10:16 Government decrees five days of national mourning, in recognition of the "immense pain" generated by the loss of 100,000 lives to Covid-19.

Unemployment dropped slightly to 10.2% in first quarter

26-06-2021 00:11 GDP grew 2.6% from the previous quarter, higher than economists expectations of a 2.3% increase.

GDP grew at fastest pace since 2018 in first quarter

23-06-2021 16:41 GDP grew 2.6% from the previous quarter, higher than economists expectations of a 2.3% increase. From a year ago, Argentina’s economy grew 2.6% in the first quarter of 2021, its fastest pace in three years.

Argentine crop-monitoring app SIMA takes off with NASA's help

28-04-2021 00:01 Team behind the SIMA Monitoreo de Cultivos crop-monitoring app eyes further growth across Latin America after partnering with NASA.

Argentina records highest inflation rate in 18 months: 4.8%

15-04-2021 17:35 Inflation in March reached 4.8% – the highest figure since September 2019. Prices have jumped 12.4% in first three months of year, 42.6% over last 12 months.

Argentina CPI-linked bonds fall on possible change to basket

09-03-2021 13:48 Argentina’s inflation-linked bonds fell Monday as the country’s statistics agency, INDEC, plans to modify the basket it uses to measure inflation.

Brazil ends new 'lost decade' with GDP drop of 4.1% in 2020

03-03-2021 10:26 The economy of Argentina's giant neighbour registered a 4.1% contraction in 2020, according to official data.

Economic recovery stalls with industry declining

08-10-2020 15:18 Industrial production fell 0.9% in August compared to July and 7.1% from the previous year, according to official data.

Journalism, beware of Google’s billion-dollar siren calls!

03-10-2020 08:40 The largest threat for Google and Facebook, and Big Tech in general, is regulation.

by Agustino Fontevecchia

Argentina's GDP slumped 19.1% in second quarter of 2020

22-09-2020 17:30 INDEC says economy posted sharpest quarterly contraction in recent history, though still narrowly beating economists’ forecasts.

Peru's economy slumps amid pandemic

21-08-2020 14:54 Peru's year-on-year GDP fell by 30% in the second quarter of 2020 as it was badly affected by coronavirus containment measures, the government said on Thursday.

Economy plunges more than expected after lockdown

29-06-2020 23:10 Economic activity fell 17.5% in April from the previous month, and 26.4% from a year ago, the government reported Monday.

Brazil expunges virus death toll as data befuddles experts

07-06-2020 22:01 Jair Bolsonaro's government stops publishing a running total of deaths and infections from Covid-19, claiming it is "not representative" of the country's current situation.

Unemployment rate dropped to 8.9% in last quarter of 2019

27-03-2020 00:01 Argentina's unemployment rate fell in the fourth quarter of 2019, the INDEC national statistics bureau revealed Thursday, adding that underemployment rose.

Industry and construction continue free fall

09-01-2020 10:17 Data indicates industrial production slumped by 4.5% in November – 19th consecutive month of decline.

Amazon gets government's nod for data centre in ‘Tango’ trade zone

24-10-2019 16:36 The project will cost an estimated US$800 million and generate US$400 million in economic activity, document reveals. Company has until October 31 to present the land deed and then has 360 days to start construction.

Amazon Web Services planning to build US$800M data centre in Argentina

03-10-2019 09:08 Seattle-based company preparing to invest about US$800 million in 10-year project that would see it construct a regional data centre in Buenos Aires Province. Tax breaks sweeten the deal.