News of prices

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.

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.

Milei begins to slash energy subsidies for low-income sectors

06-06-2024 11:59 Low-income homes will see the energy cost of their utility bills double on average in June, while middle-class families could see prices rise 155%.

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. 

Inflation in Buenos Aires City 13.2% in March

09-04-2024 16:45 Slight slowdown from previous month; Impact of services sector, specifically, energy transport and private school fees and health service costs, hits pockets of porteños.

Attitudinal shifts and the risks of upheaval

06-04-2024 06:24 Milei’s “negative rhetoric,” sustained by his synthetic power, is useful in setting the agenda, but it doesn’t put food on the table.

by Agustino Fontevecchia

Food prices have risen by up to 70% over last three months

06-03-2024 15:24 Hikes were driven by grocery products, fruits and vegetables, and meats, according to a private report.

Milei caps minimum wage rise at 30% amid soaring inflation

21-02-2024 13:13 La Libertad Avanza leader backtracks on vow not to set minimum wage unilaterally; 30% hike over next two months for low-paid workers; Unions and employers fail to reach agreement.

Latin America’s inflation progress tempered by soaring food price pressures

08-02-2024 14:28 Consumer price readings underscore challenges facing Latin American policymakers as they calibrate future interest rate cuts. Most of the region’s major inflation-targeting central banks have already begun reducing borrowing costs

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.

Prices out of the market

12-01-2024 15:24 President Milei wants to avoid the failures of Mauricio Macri’s gradualism but the shock approach might have too short a fuse.

Runaway inflation sends food prices soaring in Argentina

11-01-2024 18:29 Consumer prices have soared more than 200% in Argentina over the last 12 months, with food leading the way. Some items increased by more than 600%.

by Ramiro Speranza

Inflation accelerates: 30% expected in December after devaluation

21-12-2023 07:39 Analysts warns of major mark-ups triggered by the economic measures of the Javier Milei government.

Price hikes soar with a vengeance in inflation-weary Argentina

15-12-2023 14:24 Experts warn of ‘inflationary shock’ in wake of Javier Milei’s first measures; Milei could pay the price for pushing correction onto citizens and not the “political caste,” as promised.

by Justin Martinez

Fuel prices soar a further 37% after devaluation of peso

13-12-2023 17:46 Fuel prices will soar around 37% on average over the course of the week following Economy Minister Luis Caputo's devaluation of the peso.

Supermarkets and shops see price hikes of up to 50%

12-12-2023 18:20 Given the end of the price agreement, the heads of big business and corner shops have had rises well above the weekly inflation. They have also warned about shortages on shelves.

by Martín Fernández Nadale

A shirt for rice: bartering to survive in inflation-battered Argentina

15-11-2023 11:06 Faced with soaring prices as inflation bites away at purchasing power, ever-increasing numbers of Argentines are turning to bartering to make ends meet.

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.

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.

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.