ECONOMY – ANALYSIS Argentina posts slightly higher than expected August inflation 11-09-2024 17:01 Argentina’s monthly inflation rose slightly above expectations in August, representing a setback for President Javier Milei.
ECONOMIC INDICATORS Inflation rises slightly to monthly 4.2%, dashing government hopes 11-09-2024 16:43 Prices have increased 94.8% in Argentina since the turn of the year, according to official data; Consumer price hikes at monthly 4.2% – slight rise on the preceding month and above government forecast of 4%.
ECONOMIC INDICATORS Inflation slowed to 4% in July, lowest monthly rate of Milei era 14-08-2024 17:02 Latest figure from INDEC national statistics bureau indicates consumer prices are continuing to slow, but annual rate remains at staggering 263.4%.
ECONOMY – ANALYSIS 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.
ECONOMIC INDICATORS 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.
ECONOMIC POLICY Milei says he would slow crawling peg if inflation cools further 01-07-2024 12:10 President Javier Milei says peso could weaken at a slower pace if inflation cools to a certain level.
AGRICULTURE & ECONOMY Argentina has surplus harvest, but farmers want more from Milei 22-06-2024 09:03 Farmers are delaying agricultural sales as they wait for President Javier Milei to eliminate taxes and exchange barriers.
ECONOMIC CRISIS Argentines pawn the family jewels to make ends meet 17-06-2024 14:15 Hundreds of Argentines are selling their jewellery at gold dealerships every day as a last resort to face the economic crisis.
UTILITIES & SUBSIDIES 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%.
ECONOMY – ANALYSIS 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.
Economic indicators Monthly inflation slows to single digit: 8.8% in April 14-05-2024 16:13 Inflation dropped below 9% in April, reveals INDEC; Boost for Milei government but cost of living still rose 65% in the first four months of the year and totals 289.4% over the last 12 months.
ECONOMIC INDICATORS City monthly inflation rate drops to single digit in boost for government 08-05-2024 21:36 Inflation in Buenos Aires City was 9.8% in April for an annual rate of 292.5%; Boost for government ahead of next week’s national INDEC figure.
HEALTH & ECONOMY Government intervenes to halt private health scheme price surge 17-04-2024 17:21 Free-market Milei administration uses state power to challenge firms and announces most prepaid health schemes are rolling back runaway price increases; "The Argentina of wise guys is over," declares presidential spokesman Manuel Adorni.
ECONOMIC INDICATORS 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.
POLITICS – ANALYSIS 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
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.
FINANCE Milei seeks US$15 billion for removal of currency controls 18-03-2024 11:24 President Javier Milei says he would open up restrictions on foreign currency immediately if he has US$15 billion; Money could be provided by the IMF, multilateral bodies, private investors and even “some countries."
ECONOMIC OUTLOOK 'Very complicated': Milei warns inflation rate for March could be high 11-03-2024 14:29 Argentina’s president says consumer price hikes are slowing and that he “is convinced” battle against inflation will be won.
INFLATION 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.
ECONOMIC CRISIS 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.
ECONOMIC INDICATORS Milei, Caputo hail ‘deceleration’ as annual inflation rate exceeds 250% 15-02-2024 14:31 Consumer prices slowed in January to 20.6%, reveals INDEC national statistics bureau; Annual inflation rate reaches 254%.
RUNAWAY PRICE HIKES President Milei blasts inflation data, focused on reforms 15-02-2024 11:36 President Javier Milei blasts Argentina’s monthly inflation figure of 20.6% in January as “horrendous.”
POVERTY More hunger, less money: Soup kitchens count rations 15-02-2024 00:33 At community meal centres across Argentina, a dual crisis is biting: the influx of ever more hungry mouths to feed during an economic crisis, and a decision by President Javier Milei's new government to freeze their aid.
INFLATION WOES 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
ECONOMIC OUTLOOK 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.
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.
GRIPPED BY CRISIS In danger of extinction? Middle class slammed by crisis and austerity measures 16-01-2024 17:16 The removal of subsidies, rising rent and the increased costs of prepaid healthcare schemes and private schools are slamming the middle class, specialists warn. March will be a difficult month with the start of classes and the billing of basic public services shooting up. by Agustina Bordigoni
ECONOMIC INDICATORS Venezuela's inflation rate slows to 189% – below Argentina's 13-01-2024 10:19 Venezuela recorded inflation of 189.9% last year, meaning that Argentina saw the highest consumer price hikes over the last 12 months in Latin America.
EDITORIAL 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.
Living with inflation 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
ECONOMIC INDICATORS Inflation surpassed 211% in 2023, reveals INDEC 11-01-2024 16:45 Prices jumped 25.5% in December last year following devaluation of peso; Food prices soared an incredible 251.3% over the last 12 months, says statistics bureau.
ENERGY & GAS Javier Milei seeks free oil markets by law in shale-rich Argentina 29-12-2023 21:23 Milei wants to unshackle crude exports and leave local fuel prices at the whim of market forces.
HAPPY HOLIDAYS? No jingle in Argentine pockets as economic grinch ruins Christmas 22-12-2023 12:50 With inflation running at more than 160% per annum, Argentines across the country are shopping around and going city to city as they search to get their festive gifts at the best prices.
PRICES THROUGH THE CEILING 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.
INFLATION WOES 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
Living with inflation 'We have to endure' - Argentines stoic as prices skyrocket 14-12-2023 14:17 Argentines, while worried about the future, appear resigned to a fate Javier Milei warned them of when he took to the campaign trail.
ECONOMIC INDICATORS Milei kicks off government with 160.9% annual inflation rate 14-12-2023 00:41 Prices soared 12.8% in November, prior to the new president’s inauguration; Concerning increases for health, food and beverages, with dramatic post-devaluation uptick expected next month.
ECONOMIC INDICATORS Argentina November inflation quickened before Milei devaluation 13-12-2023 23:28 Consumer prices rose 12.8% in November from a month earlier, according to official data. From a year ago, inflation stands at 160.9%.
PRICE HIKES 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.
INFLATION 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
Living with inflation Shopkeepers struggle to keep pace with soaring prices 25-11-2023 13:08 Annual inflation is already at 143% and prices rose even further after price controls on basic goods were eased.
Election 2023: Fall-out Milei says it could take two years to tame Argentina's inflation 20-11-2023 12:51 President-elect says it will take between 18 and 24 months to bring Argentina's rampant inflation under control as he outlined his plans to reform the economy.
BLOOMBERG - ANALYSIS Milei opens a new era: What comes next in Argentina policy-making 20-11-2023 09:25 Milei’s biggest political challenge will be his lack of support in Congress, where his party only counts a minority of senators and a fraction of lower house representatives.
Living with inflation 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.
Living with inflation 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.
ECONOMIC INDICATORS Annual inflation hits 143% before election 13-11-2023 17:51 Inflation in Argentina accelerated last month to its highest annual level since the country was exiting hyperinflation more than three decades ago.
ECONOMIC INDICATORS Inflation slowed to 8.3% in October, prices up 142.7% year-on-year 13-11-2023 16:06 Inflation slowed in October to 8.3%, reports INDEC; Consumer prices in Argentina up 142.7% over the last 12 months.
FUEL TAX FREEZE Massa says Argentina will freezes fuel levies until February 2024 01-11-2023 16:22 Deep into election campaign, Argentina's government postpones fuel tax hike to 2024 to avoid further price hikes.
ANALYSIS 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.
Economic indicators 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.