ECONOMIC INDICATORS Economy contracted in June, recession grinds on 21-08-2024 23:36 Argentina’s economy unexpectedly contracted in June, shrinking for the fourth time in six months.
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.
ECONOMIC INDICATORS UNICEF: 1.5 million children miss a meal each day in Argentina 14-08-2024 14:50 According to the UN children’s agency, 4.5 million adults in Argentina struggle to cannot come up with all meals either as a consequence of economic difficulties.
ANALYSIS Argentina inflation snaps Milei’s five-month slowdown streak 12-07-2024 16:30 Argentina recorded the first monthly pick-up in inflation of the year, marking a slight reversal of the downward streak President Javier Milei has put in motion.
ECONOMIC INDICATORS Inflation accelerated slightly to 4.6% in June, says INDEC 12-07-2024 16:23 Inflation rose slightly in June from previous month, by 0.4 points; Consumer prices rose 4.6% overall in June and have soared 271.5% in the last 12 months.
ECONOMIC INDICATORS Social indicators cast doubt over Milei's 'catastrophe' averted claim 04-07-2024 13:09 President Javier Milei recently stated that the government’s social policy is “extremely good” and it had help prevent a “catastrophe.” Yet the government's own data and reports produced by private institutions indicate most social indicators have recorded a step backwards since he took office. by Agustina Bordigoni
ECONOMIC INDICATORS Economy extended downturn in April amid Milei’s cuts 29-06-2024 13:09 Economy slumped slightly in April, marking four of the last five months in decline since President Javier Milei took office.
ECONOMIC INDICATORS INDEC reports 5.1% Q1 slump in GDP, unemployment on rise 24-06-2024 20:58 Argentina's economy contracted by 5.1% in first quarter, says INDEC; Unemployment hit 7.7% as Milei government’s austerity measures began to kick in.
ECONOMIC INDICATORS Inflation slowed to 4.2% in May, lowest monthly rate in two years 13-06-2024 16:11 Monthly inflation drops below five percent for the first time in more than two years, decelerating for the fifth consecutive month.
ECONOMIC INDICATORS Economic activity plunging amid austerity, confirms INDEC 23-05-2024 00:30 Bureau’s monthly estimate of economic activity records 8.4% drop for March; Industry and construction collapse, 5.3% slump in first quarter of 2024.
ECONOMIC INDICATORS Economy extends downturn amid Milei’s cuts 23-05-2024 00:07 Economy shrank 8.4% in March from a year ago. On a monthly basis, activity dropped 1.4%, according to government data published Wednesday.
ECONOMY – ANALYSIS Inflation cools for fourth straight month 14-05-2024 17:00 Monthly inflation in Argentina slowed in April for the fourth straight month, dropping into single-digit territory for the first time in Javier Milei’s Presidency.
Economic indicators Monthly inflation slows to single digit: 8.8% in April 14-05-2024 16:13 Inflation dropped below 9% in April, reveals INDEC; Boost for Milei government but cost of living still rose 65% in the first four months of the year and totals 289.4% over the last 12 months.
ECONOMIC INDICATORS Industrial output, construction plunge amid recession 08-05-2024 21:41 Construction activity also plunged 42 percent in March, its worst annual decline since mid-2020 when the country was in a strict lockdown due to the pandemic.
ECONOMIC INDICATORS City monthly inflation rate drops to single digit in boost for government 08-05-2024 21:36 Inflation in Buenos Aires City was 9.8% in April for an annual rate of 292.5%; Boost for government ahead of next week’s national INDEC figure.
ECONOMIC OUTLOOK Argentina’s monthly CPI to fall below 10% in April, Milei says 29-04-2024 11:24 Monthly inflation in Argentina could fall below 10% in April, President Javier Milei said Sunday in a phone interview.
ECONOMIC INDICATORS Economy slumped for fourth straight month in February 23-04-2024 20:18 Economic activity fell 3.2% in February from a year ago, a fourth straight monthly decline. On a monthly basis, activity declined 0.2%, according to government data.
ECONOMIC INDICATORS Inflation slowed to 11% in March, annual rate hits 287% 12-04-2024 16:56 Consumer price hikes continue to slow, but remain in double digits. Education records highest increases, rising 52.7 percent as increases as new school year begins.
BLOOMBERG - ANALYSIS Monthly inflation slowed more than expected in March 12-04-2024 16:35 Monthly inflation in Argentina slowed more than expected in March, cooling for the third straight month.
ECONOMIC INDICATORS UNICEF: 7 out of 10 children live in poverty in Argentina 12-03-2024 17:16 Approximately 8.6 million kids under the age of 18 live in low-income households or in environments where they are deprived of their rights, reports local branch of UN agency dedicated to children.
ECONOMIC INDICATORS Spending plunges at shops with Milei cuts hitting hard 04-03-2024 15:48 Spending at small- and medium-size businesses — Argentina’s largest sector of employment — plunged 25.5 percent in February from a year ago, the third straight month of double-digit losses.
ANALYSIS Economy shrank in December by most since pandemic 22-02-2024 21:14 Argentina’s economy contracted in December by the most since the peak of the Covid-19 pandemic.
ECONOMIC INDICATORS Economic activity in Argentina fell 1.6% in 2023, reveals INDEC 22-02-2024 20:36 Economic activity in Argentina dropped 1.6% last year with a 4.5% contraction in December compared to the last month of 2022.
ECONOMIC INDICATORS Argentina sees first monthly budget surplus in 12 years 18-02-2024 11:46 Argentina recorded first monthly budget surplus in nearly 12 years in January, the Economy Ministry says in a statement.
ECONOMIC INDICATORS Poverty hit 20-year high of 57.4% in January, says UCA body 18-02-2024 10:21 Prestigious UCA Social Debt Observatory says poverty is at 20-year high: 57.4%, equivalent to 27 million people, are now considered poor in Argentina. Extreme poverty affects 15%, some seven million people. by Gonzalo Martínez
ECONOMIC INDICATORS Inflation in Buenos Aires City hit 21.7% in January 07-02-2024 17:41 City Hall government data shows that consumer prices have increased by more than 238% over the last 12 months and accelerated last month.
ECONOMIC OUTLOOK OECD: Argentina's inflation rate to soar to 250% this year 05-02-2024 10:02 Annual inflation rate expected to skyrocket to 250.6% in 2024, forecasts Organisation for Economic Cooperation and Development.
BLOOMBERG - ANALYSIS IMF sharply cuts Argentina’s growth forecast on Milei’s plan 30-01-2024 19:14 The government’s push to cut down on spending is “absolutely needed” to rein in inflation, which the IMF estimates will slow down to near 150 percent a year by December.
ECONOMIC INDICATORS Economy posted mild contraction amid run-off election 23-01-2024 22:40 Economic activity in November fell 1.4% from October, according to government data. From the same month a year earlier, activity fell 0.9%.
ECONOMIC INDICATORS Inflation surpassed 211% in 2023, reveals INDEC 11-01-2024 16:45 Prices jumped 25.5% in December last year following devaluation of peso; Food prices soared an incredible 251.3% over the last 12 months, says statistics bureau.
ECONOMIC INDICATORS Inflation hit 211% in 2023, fastest gain in three decades 11-01-2024 16:27 Argentina ended 2023 with the fastest inflation in more than three decades as President Javier Milei started to unwind a thicket of currency controls and price freezes imposed by the previous administration.
ECONOMIC INDICATORS Brazil inflation ends 2023 above forecasts but within target 11-01-2024 13:07 Official data released Thursday showed consumer prices rose 4.62% in Brazil December from a year earlier.
ECONOMIC OUTLOOK World Bank forecasts 2.7% growth for Argentina in 2024 09-01-2024 16:46 Argentina’s economy likely contracted 2.5% last year, but will record growth of 2.7% in the coming 12 months, forecasts World Bank, which warns of “economic uncertainty” and continuing inflation.
ECONOMIC INDICATORS Economy shrank less than forecast during election 21-12-2023 20:25 Argentina’s economy posted a slight contraction in October, falling 0.1% from a month earlier.
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%.
ECONOMIC INDICATORS Argentina’s poverty rate has risen to 44.7%, says UCA body 05-12-2023 23:12 Latest study by UCA’s social debt observatory says that without welfare programmes, poverty would affect 49% of the population; Extreme poverty has risen 9.6%, finds report.
ECONOMIC INDICATORS Record money-printing: 9.439 billion banknotes in circulation as Fernández leaves office 04-12-2023 18:01 The money moving around "the street" has gone up 80 percent in the last four years. On average there are currently 2,050 banknotes per inhabitant in circulation, none worth more than US$2 each.
ECONOMIC INDICATORS Latin America’s biggest economies see unemployment tick down 30-11-2023 13:42 Unemployment rates in Brazil and Mexico fell in October, as strong labour markets underpin the outperformance of Latin America’s largest economies.
ECONOMIC OUTLOOK OECD: Argentina should think about ‘effectiveness of its social spending’ 29-11-2023 12:22 OECD warns Argentina to assess "effectiveness of social spending" as it issues gloomy forecast for economy over next two years.
ECONOMIC OUTLOOK Economy sputters toward recession as Milei takes reins 23-11-2023 14:42 Argentina’s economy stalled after an August devaluation of the official peso rate, further llustrating the challenges ahead for the president-elect.
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.
ECONOMIC INDICATORS Economy grew again in August despite inflation spike 24-10-2023 21:54 Argentina’s economy expanded in August despite a steep currency devaluation that unleashed price spirals not seen in three decades.
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 OUTLOOK Argentina’s economy to contract 2.5% this year, says IMF 10-10-2023 12:56 Latest forecast from International Monetary Fund foresees 121.7% inflation and 2.5% GDP shrinkage in 2023; Report predicts 2.8% growth in 2024.
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.