News of rise

Beef-export ban to stoke steak prices worldwide

21-05-2021 13:31 Argentina’s unorthodox beef-export ban is the latest disruption to supply chains that is forcing consumers to pay higher prices for meat.

PRICE RISES

Argentina can’t overcome its chronic inflation issue

24-04-2021 01:41 In the first three months of 2021, price rises showed no sign of slowing down. As well as being cause for concern for the government, businesses and citizens are feeling the pinch.

Bloomberg

Government's plan to stabilise rents sends prices skyrocketing in BA

16-04-2021 10:58 Landlords in Buenos Aires have raised the rent on apartments more than 60% ahead of a new law that gives the government control over price increases.

ECONOMIC INDICATORS

Argentina records highest inflation rate in 18 months: 4.8%

15-04-2021 17:35 Inflation in March reached 4.8% – the highest figure since September 2019. Prices have jumped 12.4% in first three months of year, 42.6% over last 12 months.

RATE RISE

Brazil hikes interest rate, eyeing inflation

18-03-2021 11:39 First rate hike in six years for Latin America's biggest economy. Central Bank indicates another hike of the same magnitude could be coming in May.

BLOOMBERG – ANALYSIS

Bolsonaro calls for more changes after general goes to Petrobras

21-02-2021 08:25 Brazil leader says that more changes are underway after naming a former general to head Petrobras. Experts say Bolsonaro has chosen "economic populism."

TRAFFIC & TRANSPORT

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.

ECONOMIC INDICATORS

Inflation reached 1.5% in May, second straight month under 2%

12-06-2020 01:20 Inflation rate for the last 12 months now totals 43.4%, with a rise of 11.1 percent recorded in the first five months of the year so far.

NEW MEASURE

Government confirms 4,000-peso increase for private-sector workers

06-01-2020 10:31 Labour minister announces rise for private-sector workers, with 3,000 pesos falling due with this month’s wage and the rest in February.

CHILE PROTESTS

Piñera apologies to Chile, unveils raft of social measures

23-10-2019 07:17 "I recognise this lack of vision and I apologise to my compatriots," Pinera said in an address from the presidential palace in Santiago as he tries to halt violent protests over economic inequality which have swept the country and claimed 15 lives.