INFLATION Food prices have risen by up to 70% over last three months 06-03-2024 15:24 Hikes were driven by grocery products, fruits and vegetables, and meats, according to a private report.
INFLATION WOES Latin America’s inflation progress tempered by soaring food price pressures 08-02-2024 14:28 Consumer price readings underscore challenges facing Latin American policymakers as they calibrate future interest rate cuts. Most of the region’s major inflation-targeting central banks have already begun reducing borrowing costs
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
Living with inflation Runaway inflation sends food prices soaring in Argentina 11-01-2024 18:29 Consumer prices have soared more than 200% in Argentina over the last 12 months, with food leading the way. Some items increased by more than 600%. by Ramiro Speranza
ECONOMIC INDICATORS Private study says food prices surged almost 13% in September 03-10-2023 17:24 Food prices increased by 12.8% on average in September, according to a new private study; Some items like sugar have soared by more than 280% in last year, reports Focus Market consultancy firm.
ECONOMIC INDICATORS Food leads price surges as experts forecast 126% inflation rate 12-05-2023 10:42 Latest Central Bank survey estimates a 7.5% jump in prices for last month and a 126.4% annual increase; Argentina suffered second-highest jump in food costs over past year, according to World Bank.
POLITICS ‘Plan Platita II’? Government to stuff pockets as inflation bites 18-04-2023 14:02 To mitigate the coalition friendly fire that has been rekindled by the confirmation of accelerating price hikes, Serio Massa’s economic cabinet is drawing up a new programme to stimulate consumption.
ECONOMIC OUTLOOK Analysts: Inflation rate in Q1 will overshoot government targets 28-02-2023 15:49 Private estimates agree that prices are likely to rise 20% in the first quarter of 2022, with inflation set to accelerate next month, pushing Sergio Massa’s stated 3% target for April way out of reach. by Santiago Escobar
BLOOMBERG South America rain offers hope for relief in world food prices 15-11-2022 21:28 Rain finally fell in Argentina over the weekend and soy farmers started revving up tractors to make up for lost planting time.
Bloomberg Drought, soaring fertiliser costs push Argentine farmers to grow more soy 22-09-2022 11:13 Farmers are grappling with a third straight year of withering drought ahead of the growing season, but this year they have a new strategy to beat it: plant soybeans.
BRAZIL ELECTION 2022 Hunger returns to haunt Brazil amid divisive vote 15-09-2022 02:52 More than 33 million Brazilians live in hunger and the figure has become the subject of a bitter political battle as Latin America's biggest economy heads for a crucial October election.
ECONOMIC INDICATORS Food and fuel price rises put pressure on August inflation figure 03-09-2022 15:34 Most analysts and consultancy firms expect price rises totalled at least 6% last month, with some anticipating a monthly rate that’s closer to 7%.
Bloomberg World food prices post biggest decline since 2008 in July 05-08-2022 20:39 Global food prices fell the most since 2008 after concerns over supplies of grains and vegetable oils eased as Ukraine moved toward restarting exports.
latin america Guatemala president warns millions could die as visits Ukraine 26-07-2022 16:34 Guatemalan president warns of potential deaths from “food crisis” caused by Russian invasion, in Ukraine visit.
Panama Protests Fresh roadblocks as Panama protesters reject deal 19-07-2022 14:13 Panama government’s deal with protesters fell through this Monday as roadblocks returned. Social groups made u-turn on agreement to end protests in return for lowered fuel costs.
Panama Protests Panama government and protesters strike deals to clear key highway 18-07-2022 13:48 Panama's government agreed to lower fuel prices to end the Panamerican Highway blockade. Indigenous-led protests have halted food transportation over the last fortnight.
Brazil Elections Brazil annual inflation rate rises to 11.89% 11-07-2022 17:01 June brings accelerated inflation to Brazil, driven mainly by increased food costs, as Jair Bolsonaro’s re-election looms.
HUNGER One-tenth of the world is hungry – and war risks worsening the crisis 07-07-2022 08:42 Number of undernourished people rose by about 6% to roughly 768 million last year, an annual report by United Nations agencies shows.
PRICE OF POVERTY Family needs almost 100,000 pesos a month not to be poor 23-06-2022 14:29 A typical family in Argentina needed to earn almost 100,000 pesos in May not to qualify as living in poverty, according to INDEC.
Marcha Federal Piquetera Protesters demand jobs, better wages amid rampant inflation 12-05-2022 23:52 Tens of thousands of demonstrators from across the country descend on Buenos Aires for a massive rally, sparking traffic chaos in the capital.
HARVEST BOOM Global grain shortage an opportunity for Argentina's 'green gold' 06-05-2022 15:48 Soybean harvest will be smaller than last year, but it will bring in record prices as a result of Russia's attack on Ukraine. Agro-industrial exports could reach as high as US$41 billion this year, according to experts.
WELFARE & POVERTY Millions relying on food banks and soup kitchens as prices surge 29-04-2022 14:51 More than four million people depend on food banks and soup kitchens to eat in Argentina, and although the country has a well-oiled welfare network, the fight against high prices is tough and uncompromising.
ECONOMIC INDICATORS Exports soared to record high in March 21-04-2022 17:29 Argentina exported a record US$7.352 billion last month – 28.5% more than in the previous month.