News of increases

Inflation: Argentina’s interminable nightmare

25-08-2022 22:20 The international crisis has placed Argentina’s economy, once again, among the global leaders for inflation.

by Tristán Rodríguez Loredo

Overnight 20% price jump supercharges inflation crisis

08-07-2022 11:15 Before the peso plunges even further and before retailers can jack up prices further, Argentines are rushing out to buy their essentials as soon as possible. 

‘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.

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. 

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.

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.

Buenos Aires Province creditors to review latest debt proposal

02-06-2021 16:32 Provincial government sends revised debt restructuring proposal to major creditors.

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.

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.

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.