News of prices

Argentina’s Central Bank move raises concern of higher inflation

28-05-2021 16:22 A measure allowing Argentina’s commercial banks to move part of their reserve requirements from Central Bank notes to treasury bonds is raising concerns about inflation and the financial system’s health.

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.

Top Argentine gas shipper to face frozen rates for another year

12-05-2021 15:22 Argentina's largest natural gas transporter faces another year of frozen rates, which is eroding its profits, according to the company.

Copper bonanza challenge for top producer Chile

04-05-2021 09:00 As the global economy starts to shake off the impacts of the Covid-19 epidemic and makers of electric cars and renewable energy systems clamour for copper, Chile stands to gain handsomely. But political uncertainties in the South American nation have some worried.

What we learned this week: February 13 to 20

20-02-2021 08:27 The stories that caught our eye over the last seven days in Argentina.

Here we go again

13-02-2021 08:47 Meaningful reform will remain on the backburner until the votes have been counted.

by James Neilson

UN: World food prices jump to six-year high

03-12-2020 19:26 Global food commodity prices rose sharply in November to their highest level in nearly six years, the UN food agency said Thursday, due in part to adverse weather conditions.

Subte fares to rise from next week, highway tolls could more than double

17-11-2020 17:54 Subway fares will rise from 19 to 21 pesos as from next Wednesday while a 55% for highway tolls as from the start of next year has been proposed, subject to approval in a public hearing.

What is Argentina's US$45 'barril criollo' and how will affect local producers?

23-05-2020 09:31 Artificially fixed reference price for barril criollo imposed in move to defend jobs and output levels, with an eye keenly trained on Vaca Muerta shale.

Petrol prices to stay up to preserve Vaca Muerta, says CECHA president

25-04-2020 12:02 CECHA President Gabriel Bornoroni says he doesn’t believe petrol prices will fall, despite international slump.

by Mirta Fernandez

Government likely to increase utility rates in June, says Cafiero

20-02-2020 16:16 Government will unfreeze public services rates starting from June, but increases will only hit “the sectors that can support them,” says Cabinet chief.

Venezuelan emigrants return as Maduro embraces capitalism

07-02-2020 15:18 After leading his country’s economy over a cliff, President Nicolas Maduro has brought it a certain measure of stability. By allowing dollars to flow freely and private enterprise to flourish in recent months, he seems to have breathed new life into his regime.

Prices to rise 7% on average as IVA restored to basic food items

02-01-2020 18:13 Milk will not rise, however. Some basic food items have been exempt from IVA since Mauricio Macri scrapped the taxation last August, following his catastrophic results in the PASO primary to Alberto Fernández.

Ecuador's president agrees deal with indigenous to end protests

14-10-2019 11:58 Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. 

Oil prices rocket as drone attack slashes Saudi output by more than half

16-09-2019 11:46 Oil prices saw their biggest daily gain since the 1991 Gulf War on Monday after weekend drone attacks on two Saudi oil facilities halved output in the world's top crude exporter, fuelling fresh geopolitical and growth fears.

New Central Bank survey predicts 55% inflation in 2019

04-09-2019 09:46 GDP anticipated to contract by 2.5% this year, survey of economists and consultancy firms reveals.