ECONOMIC INDICATORS Brazil’s economic growth bounces back under Lula Yesterdat 12:39 Brazil’s economy roared back in the first months of 2023, lifted by bumper harvests that outweighed the drag of double-digit borrowing costs.
ECONOMIC INDICATORS Economy grew less than expected on drought, inflation 23-05-2023 18:31 Economic activity rose 0.1% in March from the previous month, reveals INDEC, less than forecast by analysts.
ECONOMIC INDICATORS UCA: 6 in 10 children and adolescents in Argentina are poor 16-05-2023 15:07 Data from UCA’s influential Observatorio de la Deuda Social indicates that some 8.2 million people aged under 17 were living in poverty at the end of 2022.
ECONOMIC INDICATORS Brazil inflation slowed again in April to 4.18% 13-05-2023 09:00 Brazil's annual inflation rate fell for the 10th straight month in April, to 4.18%.
BRITAIN & MONARCHY As cost of living bites, Brits question costly coronation 04-05-2023 15:35 As the UK grapples with a cost-of-living crisis and widespread strikes over pay, some Britons are questioning why taxpayers have to foot the bill for King Charles III's lavish coronation on Saturday.
ECONOMIC INDICATORS Latin America’s two biggest economies surprise with stronger growth 30-04-2023 08:04 Brazil and Mexico surprise investors with stronger-than-expected growth, indicating Latin America’s largest economies are holding up amid high interest rates and fast inflation.
US ELECTIONS 2024 Joe Biden: racing against time to 'heal' a broken nation 25-04-2023 12:20 Biden, despite making strides towards economic recovery post-Covid and a strong Ukraine-Russia war response, has not yet fulfilled his pledge to "heal" the divided nation.
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.
ECONOMIC INDICATORS Buenos Aires City recorded 7.1% inflation in March 05-04-2023 14:37 Prices in the nation’s capital have risen 21.8% in first quarter of the year and by 105.5% over last 12 months.
ECONOMIC OUTLOOK World Bank lowers forecast to no growth for Argentina in 2023 04-04-2023 14:50 International financial institution lowers its 2023 growth forecast for Argentina from two percent to zero growth and calls for “macroeconomic stability” in order to boost growth.
ECONOMIC OUTLOOK Argentina March inflation seen hitting 7%, challenging Massa 04-04-2023 08:42 Argentina’s monthly inflation likely sprinted in March to its fastest pace in at least seven months – another setback for Economy Minister Sergio Massa as elections draw nearer.
ECONOMIC INDICATORS Argentina's economic growth surpasses expectations despite outlook 30-03-2023 14:31 Argentina's economic activity rose 2.9% year-over-year, more than economists expected in January.
ECONOMIC INDICATORS Economy grew 5.2% in 2022, second straight year of growth 23-03-2023 16:49 Improvement in GDP was consumer-led (up 9.4%) with exports up 5.7%, new INDEC report reveals.
ECONOMIC INDICATORS Argentina's economy contracts by most since pandemic to end 2022 22-03-2023 16:41 Argentina's economy contracted less than expected at the end of last year, with GDP down 1.5% in the fourth quarter of 2022 compared to the previous three-month period.
REGIONAL OUTLOOK IDB predicts 'difficult' 2023 for Latin America 20-03-2023 10:49 Latin America and the Caribbean will experience a "difficult" 2023 with barely one percent growth due to global uncertainty, Inter-American Development Bank warns.
ECONOMIC INDICATORS Brazil's economy grew 2.9% in 2022 02-03-2023 12:12 Argentina's giant neighbour grew 2.9% in 2022, according to data released Thursday by the Brazilian Institute of Statistics.
ECONOMIC OUTLOOK JPMorgan sees economy facing prospect of hard landing 28-02-2023 09:20 Argentina’s economy is facing the prospect of a “hard landing” scenario this year as a crop drought deepens expectations of a larger downturn, according to JPMorgan.
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.
Global economic outlook From impending catastrophe to moderately optimistic? 04-02-2023 06:09 Just as the global economy was heading into an unavoidable recession, sentiment seems to have been reversed and optimism is taking over. by Agustino Fontevecchia
ECONOMIC INDICATORS INDEC: Economy grew 5.9% year-on-year in first 11 months of 2022 24-01-2023 21:59 November data shows Argentina’s economy contracted for a third straight month, further dampening the annual outlook for the coming 12 months.
Inflation Rises Inflation hit 94.8% in 2022, highest rate in 32 years 12-01-2023 17:34 INDEC reveals that prices increased by 5.1% in December, continuing the general downward trend but accelerating slightly from the preceding month.
Minister's outlook Economy can grow above 3% while slowing inflation, says Massa 08-01-2023 22:37 Economy Minister Sergio Massa says Argentina can record growth of 3% in 2023 in a feature-length interview with Perfil newspaper.
Bloomberg World Cup win could bring GDP boost to France or Argentina 16-12-2022 14:26 Argentina is better placed than France to reap the economic benefit that typically comes from winning the World Cup, says one academic.
INTERVIEW / PERIODISMO PURO Emmanuel Álvarez Agis: ‘The challenge is to halt inflation with everybody aboard’ 25-11-2022 09:14 Director of PxQ consultants and former deputy economy minister Emmanuel Álvarez Agis on Sergio Massa’s approach, turning down the chance to head the portfolio and the challenges facing Argentina in the next two years. by Jorge Fontevecchia
BLOOMBERG – ANALYSIS Argentina's economy contracted in September after currency policy 24-11-2022 01:49 Economic growth has shown resilience this year despite expectations of a recession following political turmoil in July that resulted in the ouster of three economy ministers in four weeks.
ECONOMIC INDICATORS Economic activity fell in September, ending five-month run of growth 24-11-2022 01:45 INDEC national statistics bureau reports activity fell 0.3% in September from the previous month, ending a streak of five consecutive months of growth. Annually, the economy expanded 4.8% in the same month of the previous year .
ECONOMIC OUTLOOK OECD forecasts slowdown for Argentina’s economy in 2023 22-11-2022 14:42 Argentina’s GDP will grow 4.4% this year and by just 0.5% the following; Global GDP will increase 3.1% in 2022 – nearly half the rate of previous year, forecasts Organization for Economic Co-operation and Development.
ECONOMIC INDICATORS Prices have risen by 88% over last 12 months, reveals INDEC 15-11-2022 17:06 Inflation was 6.3% in October, according to national statistics bureau; Price hikes stand at 76.6% since the turn of the year, with 2022 likely to end with a rate in triple digits.
BLOOMBERG – ANALYSIS Argentina’s annual inflation spikes to 88%, topping G20 countries 15-11-2022 17:00 Consumer prices rose 88% in October from a year ago, surpassing Turkey’s 85.5% rate for the highest among Group of 20 nations.
BLOOMBERG - ANALYSIS Latin America is slipping out of the US orbit 14-11-2022 06:37 Must the US kiss Latin America goodbye? To woo back the region, the Biden administration needs to offer it a better deal than China’s.
ECONOMIC INDICATORS Economy grew in August despite political crisis 20-10-2022 17:17 Economy expanded 0.4% in August compared to July; From a year ago, the economy grew 6.4%, according to government data.
Poverty in Argentina Around 5.5 million children in Argentina living in poverty 29-09-2022 02:11 Child poverty affected 50.9% of Argentina’s population in the first half of 2022, according to the Permanent Household Survey (EPH) by the INDEC national statistics bureau.
ECONOMIC INDICATORS Poverty reached 36.5% in the first half of 2022 29-09-2022 02:05 According to government data, almost four out of every 10 people in Argentina are considered poor; More than half of children aged up to 14 years old live in poverty, with 5.3 million nationwide in extreme poverty.
Budget 2023 Budget 2023: Massa projects 2% growth and 60% inflation 28-09-2022 23:10 Gross domestic product will grow 2% in 2023, with the government aiming for a fiscal deficit of 1.9% and annual inflation rate of 60%, according to the draft budget bill unveiled by Economy Minister Sergio Massa.
ECONOMIC INDICATORS Economy stalled as inflation spiked in July 26-09-2022 17:30 Argentina’s economy plateaued in July as an inflation spike caused by political volatility paralysed some sectors.
WORLD ECONOMY OECD: World economy to slow, 'paying the price of war' 26-09-2022 15:33 OECD reduces Argentina's growth forecast for 2023 by 1.5 points, predicting an expansion of 0.4% next year. Outlook for this year remains unchanged, with estimated growth of 3.6%.
ECONOMIC INDICATORS Argentina's second-quarter economic growth surpasses expectations 21-09-2022 15:07 Economy grew more than expected in the second quarter of the year as rising commodity prices boosted exports.
EDITORIAL For a fistful of dollars 10-09-2022 02:00 The shock of the assassination attempt is quite rightly uppermost in public debate, but the real trends lie elsewhere.
ECONOMIC INDICATORS Economy grew 6.3% in the first half of 2022, says INDEC 23-08-2022 17:34 Activity in June expanded 1.1% from a month earlier, well above economists' expectations of a 0.2% decline.
ECONOMY MINISTRY Gabriel Rubinstein appointed economic planning secretary 22-08-2022 10:38 Massa taps ex-central banker to craft response to economic crisis.
POLITICS & ECONOMY Argentina taps ex-central banker to craft response to crisis 22-08-2022 10:14 Sergio Massa taps Gabriel Rubinstein as secretary of economic planning. Veteran economic will help craft the policy response to currency slump and runaway inflation.
Economic Indicators Inflation hit 7.4% in July – highest monthly rate since April 2002 11-08-2022 19:11 Official data reveals prices in Argentina up 71% over the last 12 months; prices have surged by 46.2% so far this year according to INDEC.
Bloomberg Argentina is running out of cash to stave off devaluation 02-08-2022 18:10 Argentina teeters on the precipice of severe financial crisis. Peso devaluation looms, with potential for hyperinflation.
Bloomberg Argentina moves to hike key rate by 800bps with local note offer 28-07-2022 16:44 Argentina’s central bank offered its Leliq note, which is used as the benchmark interest rate, at a rate of 60%, representing an 800 basis-point increase and the largest hike in almost three years.
Evita Argentina pays tribute to icon Eva Peron on 70th anniversary of death 27-07-2022 16:33 Argentina celebrated Eva Peròn on the 70th anniversary of her premature death this week, despite continued economic crises.
SUPREME COURT Cristina at it again with her own VAR against judiciary 25-07-2022 17:41 Vice-President blasts Supreme Court for convicting her in advance and compounding economic crisis, presidential defence.
As I see it Ports in a storm 25-07-2022 15:56 Why is Boris Johnson out of office, but Alberto Fernández clings on? The simplest answer to that question lies in the difference between parliamentary and presidential democracy. by James Neilson
ECONOMIC INDICATORS INDEC: Economy grew 6% in the first quarter of 2022 23-06-2022 23:24 National statistics bureau reveals that unemployment remained stable in the first three months of the year, reaching 7%.
ANALYSIS Argentina’s annual inflation reaches 61% as investors worry 14-06-2022 18:08 Price gains reach almost 61% in annual terms as investors worry about the government’s ability to pay its local debt.
Environment Global plastic use and waste on track to triple by 2060 03-06-2022 13:22 Annual production of fossil-fuel-based plastics is set to top 1.2 billion tonnes by 2060 and waste to exceed one billion tonnes, according to the Organisation for Economic Co-operation and Development (OECD).