News of shops

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 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.

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.

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.

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.

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.

Unrest spreads

Almost 30 arrests amid looting outbreaks across Argentina

22-08-2023 15:55 Close to 30 people were arrested in Argentina over the weekend following looting at shops in the provinces of Cordoba and Mendoza.

ANALYSIS

Inflation cooled to 113% before election price surge

15-08-2023 16:58 Annual inflation in Argentina eased slightly in July before last Sunday’s stunning election result sent prices soaring.

CURRENCY WOES

Chileans, Uruguayans cross border to take advantage of low prices

04-05-2023 18:27 Citizens from neighbouring countries cross borders to go shopping; Increased visitor numbers seen in Mendoza, Río Negro and Entre Ríos as day-trippers cash in on currency woes.