News of indec

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.

Argentina and the infantilisation of poverty

01-11-2023 05:39 Experts say Argentina is going through a process of “poverty infantilisation” – minors are poorer than the rest of the population, with teens and children in single-parent homes the most vulnerable. Are welfare programmes just a patch or are they preventing the situation from getting worse?

by Sabrina Chemen

More than 40% of Argentines living in poverty, official data shows

27-09-2023 16:36 Data from INDEC national statistics bureau reveals approximately 18.6 million Argentines are now considered poor, with 4.3 million destitute; Poverty affected 40.1% in first half of year; Experts warn figure likely to soar even higher in future given post-PASO devaluation of peso and soaring price hikes.

Poverty on electoral agenda as INDEC prepares to release data

22-09-2023 16:51 National statistics bureau will reveal Argentina's poverty rate on Wednesday, less than a month before the election; Specialists expect rate of 40% or higher.

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%.

UCA report: Poverty rate would be 50% without welfare support

03-09-2023 10:24 New report from the Catholic University of Argentina’s Social Debt Observatory concludes poverty affects 38.9% of the population; Those under 17 most affected; Without child benefit and welfare support payments from the government, half of Argentina would be poor.

Inflation in Argentina slowed to 6% in June, reveals INDEC

13-07-2023 16:07 Prices have risen by 115.6% over the last 12 months and by more than 50% in the first half of the year, according to government data.

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.

Analysts forecast May inflation rate of 9.1%

01-06-2023 17:11 Consultancy firm predicts that prices accelerated in May for a sixth consecutive month.

INDEC: 1.2 million in Argentina live in ‘critically overcrowded’ homes

10-05-2023 22:56 Government data reveals that more than one million people in Argentina are living in “critically overcrowded” households.

Argentina loses US$1.5-billion UK case over GDP-linked bonds

05-04-2023 10:47 Argentina must compensate investors for losses in the country’s growth-linked securities after the nation changed the method of calculating gross domestic product, a London court ruled.

INDEC: Poverty reached 39.2% of population in second half of 2022

30-03-2023 16:24 National statistics bureau report shows near three-point jump on first half of last year; Projected out to whole population, more than 17.6 million people are considered poor; More than half are aged under 14, with eight percent of population were living in extreme poverty.

INDEC: Prices jumped 6.6% in February, inflation 102.5% over last year

14-03-2023 16:13 Consumer prices jumped 6.6% in February, pushing Argentina’s inflation rate over the last 12 months into the dreaded three digits, according to government data.

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.

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.

UCA report puts poverty rate at 43.1%

06-12-2022 14:07 More than 17 million people in the country are poor, according to the latest report by the influential Social Debt Observatory of the UCA Catholic university; Figure would rise to 50% without existing state assistance, concludes study.

Argentina’s annual inflation spikes to 88%, topping G20 countries

15-11-2022 17:00 Consumer prices rose 88% in October from a year ago, surpassing Turkey’s 85.5% rate for the highest among Group of 20 nations.

Economy grew in August despite political crisis

20-10-2022 17:17 Economy expanded 0.4% in August compared to July; From a year ago, the economy grew 6.4%, according to government data.

Poverty reached 36.5% in the first half of 2022

29-09-2022 02:05 According to government data, almost four out of every 10 people in Argentina are considered poor; More than half of children aged up to 14 years old live in poverty, with 5.3 million nationwide in extreme poverty.

Poverty remains above pre-pandemic level in early 2022

29-09-2022 02:00 Argentina's poverty rate remained above pre-pandemic levels in the first half of this year as high inflation eroded benefits of country's economic recovery.