News of may

Industry falls off cliff as activity slumps 14% year-on-year

17-07-2024 14:04 Report by UIA Argentine Industrial Union shows a year-to-year collapse of 14% in May.

by Martín Fernández Nadale

Milei talks unity but shows up division with ‘symbolic’ pact

09-07-2024 15:52 President Javier Milei hails “symbolic of a change in era” as he inks his ‘Pacto de Mayo’ with 18 regional leaders at midnight ceremony in Tucumán. But amid a patriotic show of unity, his tone and absences highlight division.

by James Grainger

POLITICS & ECONOMY

Milei signs pact with governors signalling aid during austerity

09-07-2024 14:16 Eighteen governors ink the 'Pacto de Mayo' with President Milei at a historic site in Tucumán Province in northern Argentina.

POLITICS & CONGRESS

Milei's key reforms, 'Ley de Bases' and fiscal package, become law

08-07-2024 13:32 Day before signing of his ‘Pacto de Mayo’ in Tucumán, President Milei’s government promulgates ‘Ley de Bases’ omnibus bill and accompanying fiscal package into law.

POLITICS

Milei lines up midnight ‘Pacto de Mayo’ signing

06-07-2024 05:38 Javier Milei’s next key moment, the signing of his ‘Pacto de 25 de Mayo,’ will take place in Tucumán at the strike of midnight on Independence Day. Guest list still up in the air, with Mauricio Macri expected to be the only former president in attendance.

POLITICS

Key law, pact with governors, Cabinet tweaks – the keys to Milei’s relaunch

26-06-2024 17:09 President returns from abroad and focuses on domestic issues; He expects final approval of the mega reform to give impetus to his pact with governors and pave the way for Cabinet changes.

ECONOMIC INDICATORS

Consumption dive continues, down 14.5% in May year-on-year

25-06-2024 15:55 Data compiled by Focus Market consultancy group based on sales data shows consumption down 14.5% last month on annual comparison.

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.

POLITICS & CONGRESS

Government pushes ahead with bill, ramps up 'Pacto de Mayo' prep

03-05-2024 18:03 Optimism reigns in the libertarian administration; President Milei says only "supporters" and those who back the new bill will be eligible to sign his 'Pacto de 25 de Mayo' in Córdoba next month.

International workers' day

Thousands march on Workers' Day, voicing opposition to Milei's labour reform

02-05-2024 00:31 CGT mobilises and marches with criticism of the government and confirms general strike for next Thursday; United left-wing groups stage rally in Plaza de Mayo.

INFLATION DATA

Opposition slams government for ongoing inflation woes

15-06-2023 00:15 Opposition presidential hopefuls and critics from libertarians to leftists slam May inflation data and government’s “index of failure and decadence."

ANALYSIS

Inflation hits 114% as government faces dollar shortage

14-06-2023 22:24 Argentina's monthly inflation unexpectedly slows in May but stays elevated.

ECONOMIC INDICATORS

Consumer prices in Argentina rose 7.8% in May, reveals INDEC

14-06-2023 16:04 Inflation over the last 12 months now totals 114.2%, according to government data, with prices up 42.2% in the first five months of the year.