News of price

Vaca Muerta: Government's ace in the hole against energy price hikes

01-02-2023 10:37 Upward inflationary trend in first three months of year set to continue with further increases in utility prices on the way. But the government is banking on Vaca Muerta and the Néstor Kirchner gas pipeline continuing to pay off.

Price hikes continue as Argentina competes for another world title

13-01-2023 15:00 New data shows that Argentina is suffering from one of the worst inflation rates in the world: in 2022, prices increased by an almost unthinkable 94%.

Prices have risen by 88% over last 12 months, reveals INDEC

15-11-2022 17:06 Inflation was 6.3% in October, according to national statistics bureau; Price hikes stand at 76.6% since the turn of the year, with 2022 likely to end with a rate in triple digits.

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.

Public transport fares to increase 40% in December

06-10-2022 00:44 Transport Minister Alexis Guerrera says extent of hike is still being analysed but confirms that fares in Buenos Aires metropolitan area will rise by “an approximate average of 40%” before the end of the year.

Soy exporters race to exploit new ‘soy dollar’ exchange rate

07-09-2022 17:21 More than two million tons cashed in the first two days of Sergio Massa’s new scheme to boost Central Bank reserves.

Protesters reject Ecuador president's 'insensitive' fuel price cut

27-06-2022 13:32 Unrest continues as indigenous protesters reject a fuel price cut announced by the government as insufficient and "insensitive."

Not getting the hang of it

28-05-2022 01:00 The Kirchnerite wing of the Frente de Todos coalition has come to the final conclusion that the “war on inflation” is irreversibly lost, leading to a refusal to have any official of its kidney attached to that failure.

by Michael Soltys

‘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.

INDEC reveals prices jumped 6.7% in March

13-04-2022 16:08 Consumer prices in Argentina rose 6.7% in March – the highest monthly rate in nearly six years, official data reveals.

President Fernández calls for extraordinary steps to tackle inflation

19-03-2022 19:09 Peronist leader says his ministers would start rolling out new measures immediately against inflation.

Prices jumped 4.7% in February, compounding inflation concerns

18-03-2022 08:13 Inflation over the last 12 months now totals 52.3%, with prices up by 8.8% in just the first two months of the year.

Biden under pressure as US inflation hits four-decade high

12-02-2022 09:30 US president faces battle to enact spending proposals and retain control of Congress following January inflation report showing large surge in the cost of living.

US consumer prices rose 7.5% annually to January – largest since 1982

10-02-2022 11:56 Consumer prices in the United States rose at an annual rate not seen since February 1982, with a 7.5% increase over the 12 months to January.

Venezuela breaks one of world’s longest hyperinflation bouts

15-01-2022 07:56 Venezuela has broken a four-year bout of hyperinflation, after the socialist government slowed the pace of printing money and allowed the US dollar to become the country's preferred currency.

Guzmán, Feletti spoke to IMF staff on price controls

14-01-2022 21:06 Economy Minister Martín Guzmán and Internal Trade Secretary Roberto Feletti spoke with IMF staff on Friday about the latest phase of the government's price control programme.

Argentina’s Central Bank weighs rate hike amid IMF talks

15-12-2021 09:12 Central Bank weighing first interest rate increase in over a year as it seeks to bring borrowing costs closer to inflation amid talks with the IMF.

Inflation slowed to 2.5% in November, reveals INDEC

14-12-2021 22:56 Price increases slowed from previous month yet have risen 45.4% since January and by 51.2% over the last year, according to official data.

AmCham warns government that price controls are 'time bomb'

26-10-2021 14:08 US companies warn in an emailed statement issued via American Chamber of Commerce in Argentina that “price freezes do not solve the problem" of runaway inflation, rather "they transform it into a time bomb that will explode sooner or later.”

Argentina freezes prices on over 1,400 goods ahead of elections

20-10-2021 10:11 The government is freezing prices on 1,432 household items in an effort to cool accelerating inflation ahead of November’s midterm election.