ECONOMIC OUTLOOK Milei’s team sees inflation slowing faster than economist survey 24-04-2024 12:04 President Javier Milei’s economic team sees monthly inflation slowing much faster this year than analysts anticipate.
ANALYSIS Economy shrank in December by most since pandemic 22-02-2024 21:14 Argentina’s economy contracted in December by the most since the peak of the Covid-19 pandemic.
ECONOMIC INDICATORS Economic activity in Argentina fell 1.6% in 2023, reveals INDEC 22-02-2024 20:36 Economic activity in Argentina dropped 1.6% last year with a 4.5% contraction in December compared to the last month of 2022.
BLOOMBERG - ANALYSIS IMF sharply cuts Argentina’s growth forecast on Milei’s plan 30-01-2024 19:14 The government’s push to cut down on spending is “absolutely needed” to rein in inflation, which the IMF estimates will slow down to near 150 percent a year by December.
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.
ECONOMIC INDICATORS Economy posted mild contraction amid run-off election 23-01-2024 22:40 Economic activity in November fell 1.4% from October, according to government data. From the same month a year earlier, activity fell 0.9%.
ECONOMIC OUTLOOK World Bank forecasts 2.7% growth for Argentina in 2024 09-01-2024 16:46 Argentina’s economy likely contracted 2.5% last year, but will record growth of 2.7% in the coming 12 months, forecasts World Bank, which warns of “economic uncertainty” and continuing inflation.
ECONOMIC INDICATORS Economy shrank less than forecast during election 21-12-2023 20:25 Argentina’s economy posted a slight contraction in October, falling 0.1% from a month earlier.
ECONOMIC INDICATORS Economy grew again in August despite inflation spike 24-10-2023 21:54 Argentina’s economy expanded in August despite a steep currency devaluation that unleashed price spirals not seen in three decades.
ECONOMIC OUTLOOK Argentina’s economy to contract 2.5% this year, says IMF 10-10-2023 12:56 Latest forecast from International Monetary Fund foresees 121.7% inflation and 2.5% GDP shrinkage in 2023; Report predicts 2.8% growth in 2024.
ECONOMIC OUTLOOK World Bank sceptical over Milei’s dollarisation plans 05-10-2023 00:45 Argentina’s economy is set to contract 2.5% in 2023, according to the World Bank.
ECONOMIC INDICATORS Argentina's economy shrank most since 2020 amid record drought 20-09-2023 08:52 Argentina's GDP shrank 2.8% in the second quarter of the year, more than the 2.5% contraction forecast by experts. From a year ago, activity contracted 4.9%.
ECONOMIC OUTLOOK OECD: Argentina to suffer steepest recession of G20 nations 19-09-2023 14:02 Organisation for Economic Cooperation and Development says Argentina's GDP will contract by 2% this year, while suffering 118.6% inflation in 2023.
POLICYMAKERS MEET Central Bank to keep key interest rate unchanged despite surging inflation 14-09-2023 00:46 Central Bank board will likely keep its key interest rate unchanged because policymakers expect slowing price pressures later on in the year.
MONETARY POLICY Central Bank expects to hold benchmark rate through primary vote 05-07-2023 22:34 Economists surveyed by Argentina’s Central Bank see prices rising 149% annually by the end of this year and a 3% contraction in GDP.
ECONOMIC INDICATORS Amid drought, economy shrank more than expected in April 30-06-2023 17:07 Argentina’s economy contracted more than expected in April as a record drought took its toll on trade, a sign that the economy is likely to enter recession later this year.
ECONOMIC INDICATORS Argentina's economy picks up less than expected ahead of recession 23-06-2023 00:49 Gross domestic product expanded 0.7& in the first quarter from the October-December period.
ECONOMIC OUTLOOK World Bank, OECD: Argentina's economy faces recession, soaring inflation 09-06-2023 19:44 Multilateral institutions sound alarm over Argentina’s immediate economic outlook, forecasting that GDP will shrink by at least 1.6% this year.
ECONOMIC INDICATORS Brazil’s economic growth bounces back under Lula 01-06-2023 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 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.
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 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 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.
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.
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 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.
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%.