News of contraction

Work in regress?

29-06-2024 04:27 How can having a job continue to be synonymous with making a living if there are around seven times as many people below the poverty line as jobless?

by Michael Soltys

ECONOMIC INDICATORS

INDEC reports 5.1% Q1 slump in GDP, unemployment on rise

24-06-2024 20:58 Argentina's economy contracted by 5.1% in first quarter, says INDEC; Unemployment hit 7.7% as Milei government’s austerity measures began to kick in.

ECONOMIC FORECASTS

Moody’s: Argentina will be only G20 economy to shrink this year

05-03-2024 08:53 According to Moody’s ratings agency, economic activity will contract by five percent his year – twice as much as previous forecast issued in November last year.

BLOOMBERG - ANALYSIS

IMF sharply cuts Argentina’s growth forecast on Milei’s plan

30-01-2024 19:14 The government’s push to cut down on spending is “absolutely needed” to rein in inflation, which the IMF estimates will slow down to near 150 percent a year by December.

ECONOMIC OUTLOOK

Argentina’s economy to contract 2.5% this year, says IMF

10-10-2023 12:56 Latest forecast from International Monetary Fund foresees 121.7% inflation and 2.5% GDP shrinkage in 2023; Report predicts 2.8% growth in 2024.