ECONOMIC INDICATORS Beef consumption fell to historic low in first quarter 16-04-2024 20:21 Beef sales hit a historic low in the first quarter of 2024 amid a heavy drop in consumption, falling to their lowest level in three decades.
Bloomberg Buyer of Clorox’s Argentine assets bets on consumer spending rebound 27-03-2024 20:19 Executives at Apex Capital, the buyer of Clorox Co assets in Argentina, expects consumption to recover in coming months.
ECONOMIC INDICATORS Sales down 3.5% in February as consumption continues to fall 25-03-2024 17:48 Data supplied by the CAC Chamber of Commerce and services exposes continuing fall in consumer spending.
ELECTION 2023 Tense election week: shortages, pre-emptive increases and dollarised prices 19-10-2023 15:21 A few days away from the presidential election, devaluation fears are spreading. by Ariel Maciel
Living with inflation Spend now, worry later: no point saving in inflation-stricken Argentina 15-06-2023 15:04 Packed restaurants, long lines outside the theatre, concerts that sell out in hours – Argentines with purchasing power are responding with a frenzy of consumption in the face of soaring inflation.
CURRENCY WOES In distorted Buenos Aires rental market, it's dollar vs peso 02-06-2023 10:15 Renting in pesos and on a long-term basis is a titanic task in the capital, where temporary and dollar-denominated supply dominates the market.
NATIONAL ICONS Kiosco de barrio: Why Argentines remain local to their local shop 19-04-2023 22:01 Despite the growth of chain stores, this typically Latin American business remains a family one. Inspiring customer loyalty and offering a friendly ear, 70% of Argentines visit once a week, a new survey reveals. by Enrique Garabetyan
BLOOMBERG Shortage of cooking oil looms as biofuels gain global appeal 22-03-2023 12:30 A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.
BLOOMBERG Disappearing barbecues show global beef demand is under pressure 30-01-2023 17:09 It’s not uncommon to see meat-buying slide during downturns for the economy. What’s striking is that demand is falling faster in many of the countries where beef has traditionally been the protein of choice
Living with inflation Price hikes continue as Argentina competes for another world title 13-01-2023 15:00 New data shows that Argentina is suffering from one of the worst inflation rates in the world: in 2022, prices increased by an almost unthinkable 94%.
FEATURE: DRUG-TRAFFICKING How drug smugglers infiltrated a global shipping giant 24-12-2022 09:40 As MSC grew into a dominant force in global trade, it also became a prime drug-trafficking conduit for Balkan gangs.
FEATURE: DRUG-TRAFFICKING The golden age of cocaine is happening right now 22-12-2022 14:09 Global fallout from Colombia's cocaine boom is showing up everywhere from the warehouses of Antwerp to coup plots in West Africa, bringing violence, corruption and big profits.
LIVESTOCK Brazil, world's biggest beef exporter, is turning away from meat 13-12-2022 08:52 Meat consumption in Brazil fell sharply this year as rising food prices curbs demand. What’s most curious: more than 90 percent of Brazilians say they don’t want to return to their past habits.
BATTLE AGAINST INFLATION Fuel suppliers join price control scheme with 4% monthly cap 29-11-2022 11:07 Major oil firms sign up to Sergio Massa’s new price control scheme, agreeing to cap increases in a bid to tackle inflation and keep costs at the pump down.
BLOOMBERG Overnight 20% price jump supercharges inflation crisis 08-07-2022 11:15 Before the peso plunges even further and before retailers can jack up prices further, Argentines are rushing out to buy their essentials as soon as possible.
HEALTH & SOCIETY UN report says cocaine use has risen in Argentina over past decade 29-06-2022 10:00 Argentina is one of the countries in South America where the consumption of cocaine and psychoactive substances has grown the most over the past decade, according to the latest UN World Drug Report.
INFLATION Inflation bites, but high-end consumption is still on the rise 27-05-2022 00:23 Prices are rising by an average of 70% year-on-year and many popular purchases are collapsing, though tourism, theatres, gastronomy, cars and household appliance sales are in full swing.