News of outlook

Argentina to move real rates to positive territory, IMF says

17-06-2024 14:57 IMF expects Argentina to take real interest rates into positive territory and ease currency controls in coming months.

ECONOMIC OUTLOOK

IMF downgrades Argentina's economic outlook for 2024

17-06-2024 12:39 International Monetary Fund downgrades estimate, forecasting that the economy will contract by 3.5% this year.

ECONOMIC OUTLOOK

ECLAC forecasts 3.1% decline for Argentina’s economy this year

09-05-2024 17:56 Argentina growth forecast revised downwards by United Nations body, while regional outlook is improved.

ECONOMIC OUTLOOK

Milei’s team sees inflation slowing faster than economist survey

24-04-2024 12:04 President Javier Milei’s economic team sees monthly inflation slowing much faster this year than analysts anticipate.

ECONOMIC OUTLOOK

IMF ups global growth forecast but signals medium-term pessimism

16-04-2024 13:25 International Monetary Fund slightly raises outlook for global growth this year to 3.2%; Multilateral lenders reiterates forecast that Argentina's GDP will fall by 2.8% and that inflation in 2024 will be 150%.

BLOOMBERG – ANALYSIS

Milei races against time to ease pain unleashed by shock therapy

03-04-2024 12:03 Argentina’s president, who won last November’s run-off with 56% of the vote, is in a race against time to bring inflation back down and hold on to that popularity.

DOLLARISATION ON THE CARDS?

Milei doesn’t see Argentina dollarising before midterm vote

01-04-2024 09:33 “I don’t think we’ll get there before next year’s mid-term elections," declares president in TV interview with CNN en Español.

ECONOMIC OUTLOOK

IMF cuts Argentina 2024 growth forecast, forecasts 2.8% contraction

30-01-2024 15:55 Multilateral lender warns that inflation is expected to increase in the short term, projecting growth of minus 2.8 percent this year and plus five percent in 2025.

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.

ECONOMIC OUTLOOK

‘First six months of 2024 are going to be terrible,’ says Argentine business leader

15-11-2023 22:41 Head of Cámara Argentina de Comercio offers ominous forecast for next government’s initial months in office and warns politicians must “do things properly" in what looks to be a “complex” year ahead.

ECONOMIC INDICATORS

Central Bank: Inflation averaged 12% in August, September

09-10-2023 21:10 Argentina’s monthly inflation rate averaged 12% in August and September, according to the Central Bank’s monthly monetary policy report.

ECONOMIC OUTLOOK

World Bank sceptical over Milei’s dollarisation plans

05-10-2023 00:45 Argentina’s economy is set to contract 2.5% in 2023, according to the World Bank.

ECONOMIC OUTLOOK

World Bank sees Latin America lagging rest of the world — again

04-10-2023 18:43 Latin America is once again on track to grow more slowly than the rest of the world, with the regional economy set to underperform those of South Asia and even war-battered Eastern Europe this year, according to a new World Bank report.

REGIONAL OUTLOOK

IDB predicts 'difficult' 2023 for Latin America

20-03-2023 10:49 Latin America and the Caribbean will experience a "difficult" 2023 with barely one percent growth due to global uncertainty, Inter-American Development Bank warns.

ECONOMIC OUTLOOK

Argentina to face deeper 2023 contraction on drought, Itaú says

08-03-2023 21:26 Drought will lead to a larger economic contraction in 2023 than previously anticipated, according to analysts at Itaú

ECONOMIC OUTLOOK

JPMorgan sees economy facing prospect of hard landing

28-02-2023 09:20 Argentina’s economy is facing the prospect of a “hard landing” scenario this year as a crop drought deepens expectations of a larger downturn, according to JPMorgan.

Global economic outlook

From impending catastrophe to moderately optimistic?

04-02-2023 06:09 Just as the global economy was heading into an unavoidable recession, sentiment seems to have been reversed and optimism is taking over.

by Agustino Fontevecchia

INVESTMENT IN ARGENTINA

2023: Interesting challenges for investors in the year to come

25-01-2023 12:56 Having a global vision helps us understand that there are economic problems that transcend borders and the mechanisms used to solve them have consequences in different geographies.

Minister's outlook

Economy can grow above 3% while slowing inflation, says Massa

08-01-2023 22:37 Economy Minister Sergio Massa says Argentina can record growth of 3% in 2023 in a feature-length interview with Perfil newspaper.

ECONOMIC INDICATORS

Inflation slowed to 4.9% in November – lowest figure in nine months

15-12-2022 23:44 According to the INDEC national statistics bureau, prices have increased by 92.4% over the past 12 months; Monthly rate for November less than expected, while quarterly economic growth picked up before government renewed price control scheme

ECONOMIC OUTLOOK

Inflation seen peaking over 130% next year, EcoGo says

01-11-2022 21:48 Inflation in Argentina is projected to peak at over 130 percent next year from its current level of 83 percent, according to a new report by Buenos Aires-based consultancy firm EcoGo.

ECONOMIC OUTLOOK

ECLAC: Latin American economy will grow 3.2% in 2022

20-10-2022 00:34 ECLAC said all subregions will face a growth slowdown next year, with South America expecting growth of 1.2% in 2023 compared to 3.4% this year.

HUNT FOR GREENBACKS

Massa seeks more dollars, betting everything on 2023

07-10-2022 08:51 Relief from the government’s “soy dollar” twinned with concern because hoarding hard currency will not be so easy in the final months of the year; Minister on course to deliver fiscal deficit of 2.5% of gross domestic product, thus magnifying future political tensions and challenges for an electoral year.