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.
PRICE HIKES ‘Inflation is paralysing Argentina’s economy,’ says IMF official 15-04-2022 01:10 Opposition critics let rip at government after damning INDEC data reveals extent of consumer price hikes.
BLOOMBERG Central Bank raises key rate to 47% as inflation soars 13-04-2022 20:52 Central Bank raises interest rates for the fourth time this year after inflation data shows prices increasing at the fastest monthly pace in 20 years.
ECONOMIC INDICATORS Prices jumped 4.7% in February, compounding inflation concerns 18-03-2022 08:13 Inflation over the last 12 months now totals 52.3%, with prices up by 8.8% in just the first two months of the year.
Bloomberg Argentina’s Central Bank weighs rate hike amid IMF talks 15-12-2021 09:12 Central Bank weighing first interest rate increase in over a year as it seeks to bring borrowing costs closer to inflation amid talks with the IMF.
BLOOMBERG Argentina’s oil workers getting 15% wage increase in December 05-11-2021 14:09 Workers in the oil industry in Argentina will receive wage increases next month, according to a government statement.
DEBT SWAP DEAL Buenos Aires Province scares creditors into accepting bond restructuring 31-08-2021 15:41 La Plata announced Monday that it had managed to restructure almost all its US$7.1 billion of defaulted debt, swapping it for new securities valued at just over 50 cents on the dollar. But some creditors say in practical terms they had no other choice than to accept the deal.
Bloomberg Creditors now split over Buenos Aires Province's restructuring offer 22-07-2021 15:54 Buenos Aires Province's creditors are now divided over a US$7.1-billion debt restructuring proposal, signalling that Argentina’s largest province still has work to do to emerge from default.
Bloomberg Buenos Aires Province reaches debt accord with key holders 21-07-2021 11:52 Buenos Aires Province and creditors reach initial agreement to restructure US$7.1 billion of overseas debt, paving the way for region to emerge from default.
Bloomberg Buenos Aires Province's creditors raise lawsuit stakes, add trustee to case 02-07-2021 16:34 Buenos Aires Province's creditors have stepped up their lawsuit against the region after talks failed last month to restructure US$7.1-billion in foreign debt.
ECONOMIC INDICATORS Inflation slowed to 3.3% in May, says INDEC 16-06-2021 19:49 Inflation in Argentina slowed to 3.3 percent in May, the lowest monthly rate registered since December last year.
DEBT RESTRUCTURING Buenos Aires Province creditors to review latest debt proposal 02-06-2021 16:32 Provincial government sends revised debt restructuring proposal to major creditors.
PRICE RISES Poll shows Argentines expect inflation to hit 50% in next year 26-05-2021 13:18 Prices in Argentina are seen rising 50.2% over the next 12 months, according to the University of Torcuato di Tella’s monthly poll of citizens.
ECONOMIC INDICATORS Inflation continues to rise: prices increased 4.1% in April 14-05-2021 01:47 INDEC’s Consumer Price Index shows cost of living jumped 4.1% in April and 17.6% in the first four months of the year.
Bloomberg Buenos Aires Province wants to resume talks with bondholders 26-04-2021 16:34 Five weeks after being sued by creditors in a New York court, Buenos Aires Province says it is ready to return to the negotiating table.
PRICE RISES Argentina can’t overcome its chronic inflation issue 24-04-2021 01:41 In the first three months of 2021, price rises showed no sign of slowing down. As well as being cause for concern for the government, businesses and citizens are feeling the pinch.
ECONOMIC INDICATORS Argentina records highest inflation rate in 18 months: 4.8% 15-04-2021 17:35 Inflation in March reached 4.8% – the highest figure since September 2019. Prices have jumped 12.4% in first three months of year, 42.6% over last 12 months.
ECONOMIC INDICATORS Inflation in Argentina speeds up, prompting government crackdown 15-04-2021 09:44 Argentina’s inflation accelerated last month at the fastest pace since President Alberto Fernández took office in late 2019, experts believe, prompting the government to tighten its unorthodox controls over companies.
BLOOMBERG – ANALYSIS Kicillof, bondholders’ old foe, plays default hardball 30-03-2021 11:27 Axel Kicillof relished clashing with foreign investors when serving as economy minister. Today, as governor of Buenos Aires Province, he's again locked in a bruising battle with financiers in New York and London.
ECONOMIC INDICATORS INDEC: Inflation in February hit 3.6% 11-03-2021 17:48 Prices in Argentina have risen by 40.7% over the last 12 months, and by 7.8% in the first two months of 2021, according to government data.
ECONOMIC INDICATORS Inflation reached 3.8% in October, highest monthly rate of year 12-11-2020 17:05 Prices in Argentina have risen by 26.9% since turn of the year, reveals INDEC national statistics bureau.
Coronavirus pandemic Nurses in Buenos Aires protest for professional recognition 22-10-2020 22:39 Hundreds of nurses and surgical assistants in the capital marched on Wednesday to press for pay increases, professional recognition and improved working conditions in the teeth of the Covid-19 pandemic.
ECONOMIC INDICATORS INDEC: Inflation 2.8% in September, 22.3% this year so far 14-10-2020 18:22 Consumer prices rose 2.8% in September, with the biggest increases in clothing and footwear and alcoholic beverages and tobacco.
ECONOMIC INDICATORS INDEC says inflation in August reached 2.7% 16-09-2020 18:24 Consumer prices in Argentina increased 2.7% in August and have risen 18.9% since the turn of the year.
ECONOMIC INDICATORS Inflation in Argentina reached 1.9% in July 13-08-2020 17:59 Consumer prices rose 1.9% in July from the previous month. Inflation since the turn of the year now totals 15.8%.
BLOOMBERG Government wants Buenos Aires Province to be first to seal debt deal 10-08-2020 16:39 Casa Rosada wants Buenos Aires Province to be the first to resolve debt restructuring talks, according to sources, denying creditors chance to demand better conditions.
ECONOMIC INDICATORS Inflation in June hit 2.2%, reveals INDEC 15-07-2020 18:21 Consumer prices outpaced expectations to rise by 2.2% last month despite the coronavirus lockdown. In the first six months of 2020 inflation totalled 13.6%, with prices up 42.8% over the last year.