News of hikes

Argentina inflation slows to lowest under Milei

10-10-2024 16:36 Monthly inflation reached the lowest level since late 2021 in September – a significant win for President Javier Milei.

ECONOMIC INDICATORS

Monthly inflation slows to lowest level since November 2021

10-10-2024 16:17 Consumer prices rose 3.5% in September; Annual inflation now at 209%, with hikes of 101.6% so far this year.

by James Grainger

ECONOMY – ANALYSIS

Argentina posts slightly higher than expected August inflation

11-09-2024 17:01 Argentina’s monthly inflation rose slightly above expectations in August, representing a setback for President Javier Milei.

ECONOMIC INDICATORS

Inflation rises slightly to monthly 4.2%, dashing government hopes

11-09-2024 16:43 Prices have increased 94.8% in Argentina since the turn of the year, according to official data; Consumer price hikes at monthly 4.2% – slight rise on the preceding month and above government forecast of 4%.

ECONOMIC INDICATORS

Inflation slowed to 4% in July, lowest monthly rate of Milei era

14-08-2024 17:02 Latest figure from INDEC national statistics bureau indicates consumer prices are continuing to slow, but annual rate remains at staggering 263.4%.

ECONOMY – ANALYSIS

Inflation slows to lowest level since 2022 under Milei

14-08-2024 16:47 Consumer prices rose 4% in July from a month earlier, while annual inflation slowed to 263.4%, according to government data.

NO HAY PLATA?

Rebellion in Senate: Pay increase passed by show of hands and without debate

18-04-2024 17:40 Milei lashes out via social networks after senators vote to approve pay increase; "2025 will see a historic hiding" for the caste, says President.

ECONOMIC OUTLOOK

'Very complicated': Milei warns inflation rate for March could be high

11-03-2024 14:29 Argentina’s president says consumer price hikes are slowing and that he “is convinced” battle against inflation will be won.

POLITICS

Amid anger at pay hikes, Milei trolls feminists on #8M

08-03-2024 12:42 Following controversy over lawmakers' pay hikes, President Javier Milei’s administration trolls feminist campaigners on International Women’s Day by announcing it will rename the Casa Rosada’s “Salón de las Mujeres.”

RUNAWAY PRICE HIKES

President Milei blasts inflation data, focused on reforms

15-02-2024 11:36 President Javier Milei blasts Argentina’s monthly inflation figure of 20.6% in January as “horrendous.”

INFLATION

February arrives – and so does the latest batch of price hikes

31-01-2024 17:32 Second month of the year set to deliver further inflation woes for Argentina’s crisis-weary citizens; Transport, utilities, rent and health insurance to rise.

ECONOMIC INDICATORS

Milei kicks off government with 160.9% annual inflation rate

14-12-2023 00:41 Prices soared 12.8% in November, prior to the new president’s inauguration; Concerning increases for health, food and beverages, with dramatic post-devaluation uptick expected next month.

ECONOMIC INDICATORS

Argentina November inflation quickened before Milei devaluation

13-12-2023 23:28 Consumer prices rose 12.8% in November from a month earlier, according to official data. From a year ago, inflation stands at 160.9%.

Living with inflation

Inflation hits new high before presidential run-off vote

13-11-2023 19:05 Inflation rate has hit 143%, just days before a presidential run-off election in which the state of the economy will be a deciding factor.

ECONOMIC INDICATORS

Annual inflation hits 143% before election

13-11-2023 17:51 Inflation in Argentina accelerated last month to its highest annual level since the country was exiting hyperinflation more than three decades ago.

ECONOMIC INDICATORS

Inflation slowed to 8.3% in October, prices up 142.7% year-on-year

13-11-2023 16:06 Inflation slowed in October to 8.3%, reports INDEC; Consumer prices in Argentina up 142.7% over the last 12 months.

ANALYSIS

Inflation surges to 138% ahead of presidential election

12-10-2023 16:50 Inflation jumps to its highest level in three decades, underscoring the extent of the economic crisis that will confront the winner of the country’s presidential election.

Economic indicators

Inflation hit 12.7% in September, annual rate soars to 138%

12-10-2023 16:16 Argentina's national statistics bureau reports that inflation reached 12.7% in September; Consumer prices have risen by 138.3% over the last 12 months and by more than 103% in just the first nine months of the year, according to government data.

ECONOMIC INDICATORS

Central Bank: Inflation averaged 12% in August, September

09-10-2023 21:10 Argentina’s monthly inflation rate averaged 12% in August and September, according to the Central Bank’s monthly monetary policy report.

No 'Verano en la costa'?

Prices in dollars puts Argentines’ summer vacations in doubt

26-09-2023 15:33 When the sweltering summer arrives, many in Argentina flock to the Atlantic coast for their summer break. But with inflation eating away at spending power and prices now being listed in dollars, 'verano en la costa' is now out of reach for many.

ECONOMIC INDICATORS

Inflation in August hit 12.4% – highest monthly rate in 32 years

13-09-2023 16:11 Data from INDEC national statistics bureau shows consumer prices soared by more than 12% last month; First monthly figure to accommodate impact of post-PASO devaluation of peso; Inflation over last 12 months reaches 124.4%.

Living with inflation

The Odyssey: Making it to the end of the month amid runaway prices

07-09-2023 12:56 Six Argentines share tips on living with inflation and coping with escalating prices. Recipes for trying to reach the end of the month are very varied, ranging from cutting back on car insurance, not buying clothes, wrapping up to save on gas or disposing of assets to cover debts. Many employees, including skilled workers, don’t manage to reach the end of the month, or at least not without taking on a little debt.

by Agustina Bordigoni

ANALYSIS

Inflation cooled to 113% before election price surge

15-08-2023 16:58 Annual inflation in Argentina eased slightly in July before last Sunday’s stunning election result sent prices soaring.

ECONOMIC INDICATORS

Inflation accelerates again with fears of worse to come

15-08-2023 16:37 Consumer prices rose 6.3% in July and are up 113.4% in the last 12 months; Measurement does not include this week’s devaluation of the official exchange rate, prompting analysts to warn of double-digit hikes in the near future.

INTERVIEW / PERIODISMO PURO

Carlos Heller: ‘Lowering inflation is a must, otherwise no success is possible’

20-05-2023 07:00 Banco Credicoop banker and national deputy Carlos Heller on the never-ending battle against inflation, its causes and the impact of the drought on Argentina’s economy.

by Jorge Fontevecchia

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

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.

ENERGY

Vaca Muerta: Government's ace in the hole against energy price hikes

01-02-2023 10:37 Upward inflationary trend in first three months of year set to continue with further increases in utility prices on the way. But the government is banking on Vaca Muerta and the Néstor Kirchner gas pipeline continuing to pay off.

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.

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.