News of prices

Analysts: Inflation rate in Q1 will overshoot government targets

28-02-2023 15:49 Private estimates agree that prices are likely to rise 20% in the first quarter of 2022, with inflation set to accelerate next month, pushing Sergio Massa’s stated 3% target for April way out of reach.

by Santiago Escobar

The number of the beast

18-02-2023 06:00 The apocalyptic number of six has already struck twice on the judicial and economic fronts – will it make a third and final appearance?

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.

Disappearing barbecues show global beef demand is under pressure

30-01-2023 17:09 It’s not uncommon to see meat-buying slide during downturns for the economy. What’s striking is that demand is falling faster in many of the countries where beef has traditionally been the protein of choice

YPF is poised to rein in capex ambitions amid fuel controls

30-11-2022 22:29 State-run oil company YPF probably will set next year’s spending plan at the lower end of a range that executives are discussing internally.

South America rain offers hope for relief in world food prices

15-11-2022 21:28 Rain finally fell in Argentina over the weekend and soy farmers started revving up tractors to make up for lost planting time.

Kelly 'Raquel' Olmos: ‘Argentina has an exemplary labour movement’

05-11-2022 06:10 New Labour Minister Kelly 'Raquel' Olmos on Argentina’s labour movement, employment rights, collective bargaining, and Alberto Fernández’s re-election hopes.

by Jorge Fontevecchia

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.

Drought, soaring fertiliser costs push Argentine farmers to grow more soy

22-09-2022 11:13 Farmers are grappling with a third straight year of withering drought ahead of the growing season, but this year they have a new strategy to beat it: plant soybeans. 

Inflation spike shows clock is ticking for Sergio Massa

19-09-2022 16:26 Surge in inflation last month underlines the magnitude of the challenge facing Sergio Massa.

'Inflation tops the list' of Argentina's problem, says IMF director

14-09-2022 09:24 Inflation is the main problem afflicting Argentina's economy, International Monetary Fund (IMF) chief Kristalina Georgieva said Tuesday.

Food and fuel price rises put pressure on August inflation figure

03-09-2022 15:34 Most analysts and consultancy firms expect price rises totalled at least 6% last month, with some anticipating a monthly rate that’s closer to 7%.

Panama government and protesters strike deals to clear key highway

18-07-2022 13:48 Panama's government agreed to lower fuel prices to end the Panamerican Highway blockade. Indigenous-led protests have halted food transportation over the last fortnight.

Panama government reduces fuel prices in face of protests

14-07-2022 11:54 Panamanian protests achieve lowered fuel prices and rate-freezing for other essentials.

One-tenth of the world is hungry – and war risks worsening the crisis

07-07-2022 08:42 Number of undernourished people rose by about 6% to roughly 768 million last year, an annual report by United Nations agencies shows.

Indigenous protests cost Ecuador US$1 billion, central bank says

05-07-2022 10:00 Days of protests over the cost of living by indigenous Ecuadoreans could cost the country at least US$1 billion, claims nation's central bank.

2,800 Argentines slipping into poverty every day, experts warn

23-06-2022 23:20 Private estimates reveal horrifying social data underlining that being employed, whether formally or informally, is no guarantee against being poor. With annual inflation approaching three digits and sustained price increases for food and beverages above the monthly average, family incomes are increasingly falling short.

by Gonzalo Martínez

Family needs almost 100,000 pesos a month not to be poor

23-06-2022 14:29 A typical family in Argentina needed to earn almost 100,000 pesos in May not to qualify as living in poverty, according to INDEC.

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 bites, but high-end consumption is still on the rise

27-05-2022 00:23 Prices are rising by an average of 70% year-on-year and many popular purchases are collapsing, though tourism, theatres, gastronomy, cars and household appliance sales are in full swing.