News of data

Inflation slowdown continues, decelerating to 2.4% in November

Yesterday 16:08 Data from the INDEC national statistics bureau shows consumer prices increased by 2.4% last month, below the expectation of analysts and markets.

by James Grainger

ECONOMIC INDICATORS

70% of workers in Argentina were earning under 550,000 pesos a month in June

08-10-2024 11:17 Seven out of every 10 households were earning less than a million pesos a month in June, according to INDEC data.

ECONOMY – ANALYSIS

Poverty soars past 50% in Argentina as Milei austerity hits hard

26-09-2024 17:12 About 52.9% of Argentines were mired below the poverty line in the first half of the year, up from 41.7% in the second half of 2023.

ECONOMIC INDICATORS

Unemployment in Argentina affected 7.6% in Q2

20-09-2024 09:41 Report by INDEC national statistics bureau shows joblessness stayed in line with 7.7% recorded in first quarter, but rate is up from 6.2% seen in second quarter of 2023.

ECONOMIC INDICATORS

Argentina's economy posts best month under Milei despite cuts

20-07-2024 17:57 Economic activity rose 1.3% from April, the first month of growth since Milei’s term began in December.

ECONOMIC INDICATORS

INDEC reports 5.1% Q1 slump in GDP, unemployment on rise

24-06-2024 20:58 Argentina's economy contracted by 5.1% in first quarter, says INDEC; Unemployment hit 7.7% as Milei government’s austerity measures began to kick in.

INTERVIEW WITH WORLDCOIN BOSS

Alex Blania: ‘In the next few years, thousands of humans will fall deeply in love with an AI’

10-05-2024 12:51 The CEO of Tools for Humanity, the company behind Worldcoin, on technology and ethics, Artificial Intelligence and the use of private data.

by Agustino Fontevecchia

ECONOMIC INDICATORS

Economy slumped for fourth straight month in February

23-04-2024 20:18 Economic activity fell 3.2% in February from a year ago, a fourth straight monthly decline. On a monthly basis, activity declined 0.2%, according to government data.

PRICE HIKES SLOWING?

Celebrations, misgivings as politicians react to inflation data

14-02-2024 22:33 Government allies cheer latest INDEC data showing that consumer price hikes slowed to around 20% last month, while Peronist critics warn of spiralling consumer prices.

ECONOMIC INDICATORS

Brazil inflation ends 2023 above forecasts but within target

11-01-2024 13:07 Official data released Thursday showed consumer prices rose 4.62% in Brazil December from a year earlier.

President on poverty

'Badly measured' – Fernández questions official poverty rate

04-12-2023 13:53 President Alberto Fernández has questioned the INDEC national statistics bureau, saying he think that Argentina’s official poverty rate is “badly measured.”

FEATURE: SOCIETY & POVERTY

Argentina and the infantilisation of poverty

01-11-2023 05:39 Experts say Argentina is going through a process of “poverty infantilisation” – minors are poorer than the rest of the population, with teens and children in single-parent homes the most vulnerable. Are welfare programmes just a patch or are they preventing the situation from getting worse?

by Sabrina Chemen

ECONOMIC INDICATORS

Inflation in Buenos Aires City reached 10.8% in August

07-09-2023 17:06 Price increases jump double-digits after devaluation of peso; Hikes total 127.3% over last 12 months; Consultancy firm forecasts 130% inflation nationwide in 2024.

ECONOMIC INDICATORS

UCA report: Poverty rate would be 50% without welfare support

03-09-2023 10:24 New report from the Catholic University of Argentina’s Social Debt Observatory concludes poverty affects 38.9% of the population; Those under 17 most affected; Without child benefit and welfare support payments from the government, half of Argentina would be poor.

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.

CRIME & SECURITY

Rosario surpasses grim threshold of 150 homicides

06-07-2023 09:35 Four people killed in just three hours in crime-ridden Rosario; Argentina's second city, with a population of 1.3 million, has already suffered 151 homicides this year.

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.

CRIME & SECURITY

More than 40% of victims of sexual violence in Argentina are children

24-05-2023 14:08 New report by UFEM unit reveals that 87% of adult victims of sexual violence are female and that 90% of those charged with such crimes are male.

BLOOMBERG - ANALYSIS

Inflation continues to accelerate, surging to 108.8% in April

12-05-2023 16:49 Argentina consumer prices in April rose 8.4% month on month, 108.8% year-on-year; Peso has lost 13% against the dollar in parallel markets in April.

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.

ECONOMIC INDICATORS

INDEC: 1.2 million in Argentina live in ‘critically overcrowded’ homes

10-05-2023 22:56 Government data reveals that more than one million people in Argentina are living in “critically overcrowded” households.

ECONOMIC INDICATORS

Economy stagnated in February as inflation surged past 100%

24-04-2023 18:16 Argentina’s economy stagnated in February, as inflation surpassed 100% for the first time in three decades.

CONSUMER PRICES

Argentina inflation accelerates more than expected to 104%

14-04-2023 17:36 From a year ago, prices rose 104.3%, the highest annual level since 1991, according to government data published Friday.

ECONOMIC INDICATORS

INDEC: Poverty reached 39.2% of population in second half of 2022

30-03-2023 16:24 National statistics bureau report shows near three-point jump on first half of last year; Projected out to whole population, more than 17.6 million people are considered poor; More than half are aged under 14, with eight percent of population were living in extreme poverty.

100% INFLATION

Government admits 'unexpected' February inflation data is 'very bad'

16-03-2023 15:13 Presidential spokeswoman Gabriela Cerruti acknowledged Thursday that the latest inflation data released on Tuesday by the INDEC national statistics bureau "is bad, very bad and was not what was expected."

ECONOMIC INDICATORS

Argentina now has almost 2.9 million self-employed tax-payers

08-03-2023 22:52 Registered wage labour accounts for 10,187,000 people in total (including the private and public sectors and domestic service), according to the Labour Ministry.

ECONOMIC INDICATORS

Not even a World Cup win can save Argentina’s economy from decline

24-02-2023 10:08 Economy contracted more than expected in December even after the country won its much-celebrated third World Cup title, lending weight to view that recession lies ahead later this year.

EDITORIAL

Sense and the census

04-02-2023 06:00 What this census is providing are updated figures on the population of Argentine provinces, which should at least serve to remove any excuse for not making the final reform of federal revenue-sharing stipulated for the year 1996 by the 1994 constitutional reformers.

ECONOMIC INDICATORS

Inflation spiked to three-decade high of 95% in 2022

12-01-2023 16:56 Rising annual inflation, which is expected to exceed 100% in the coming months, has once again become the dominant theme in Argentina.