News of economic

Monthly inflation drops to 1.5% – lowest level in five years

12-06-2025 16:05 Consumer prices rose just 1.5% in May, according to government data – the lowest monthly rate since May 2020; Inflation at 13.3% so far this year, 43.5% over the last 12 months.

Inflation in Buenos Aires City slows to monthly 1.6%

09-06-2025 13:01 Sharp drop in prices last month, according to City Hall, down from 2.3% in April to 1.6% in May; Inflation 12.9% so far this year in nation's capital, compared to 48.3% over same period in 2024.

Economy grew more than expected in February

23-04-2025 22:47 Economic activity rose 5.7% in February year-on-year, reveals data from the INDEC national statistics bureau.

Argentina inflation picks up more than expected before IMF deal

11-04-2025 17:28 President Javier Milei said recently he only expects inflation to fall below two percent in May or June, blaming the sticky inflation on political volatility.

Consumer prices rose 2.4% in February, reveals INDEC

14-03-2025 18:11 Inflation inches up, rising 0.2 points from 2.2% recorded previous month; Prices up 2.4% in first two months of year, by 66.9% over last 12 months.

Brazil prices jump the most since 2022 in fresh blow to Lula

12-03-2025 11:53 Official data released Wednesday by Brazil's government showed consumer prices shot up 1.31% in February, the monthly biggest rise since March 2022.

Milei praises Trump at Davos, but seeks deeper ties with China

22-01-2025 16:37 President indicates he has shifted stance on China, describing the nation as a "great trade partner," and showers praise on US President Donald Trump.

Milei back in Davos after racking up victories in Argentina

21-01-2025 09:39 Argentina's president has achieved what few considered possible just a year ago. Will he be able to overcome even bigger challenges in 2025?

INDEC reveals Argentina's 2024 inflation rate: 117.8%

14-01-2025 16:38 Annual inflation nosedives in boost for Milei; Prices rose 2.7% last month, reports INDEC; Bureau’s data shows inflation fell almost 94 points year-on-year.

Poverty affected 28.1% of portenos in Q3 2024

14-01-2025 14:40 Nearly 900,000 porteños were considered poor in the third quarter of 2024, according to City Hall statistics bureau.

Trump’s inauguration and another Davos dash – Milei's upcoming trips

03-01-2025 14:13 Argentina's President Javier Milei will see in the New Year with two pivotal trips: a visit to Washington to attend Donald Trump's inauguration as US president and a second appearance at the World Economic Forum in Davos, Switzerland. 

Economy expanded faster than expected in October

24-12-2024 06:52 Argentina’s economy expanded more than expected in October, according to official data.

Argentina exited recession as Milei eyes growth before midterms

16-12-2024 21:22 Argentina emerged from a brutal recession in the third quarter; Gross domestic product expanded 3.9% from July to September compared to the previous three-month period, better than analysts’ expectations.

Inflation slowdown continues, decelerating to 2.4% in November

11-12-2024 16:08 Data from the INDEC national statistics bureau shows consumer prices increased by 2.4% last month, below the expectation of analysts and markets.

by James Grainger

Clamour for pesos leads banks to tap repo market

23-10-2024 12:47 A surge in demand for local currency in recent months has left Argentina's commercial banks needing access to pesos.

Top private bank Galicia expects lending business to surge

23-10-2024 11:36 Galicia, Argentina’s largest private bank, is expecting loaning business to surge in the portfolio, a sign of what some say is economic recovery in Argentina.

Monthly inflation slows to lowest level since November 2021

10-10-2024 16:17 Consumer prices rose 3.5% in September; Annual inflation now at 209%, with hikes of 101.6% so far this year.

by James Grainger

70% of workers in Argentina were earning under 550,000 pesos a month in June

08-10-2024 11:17 Seven out of every 10 households were earning less than a million pesos a month in June, according to INDEC data.

Unemployment in Argentina affected 7.6% in Q2

20-09-2024 09:41 Report by INDEC national statistics bureau shows joblessness stayed in line with 7.7% recorded in first quarter, but rate is up from 6.2% seen in second quarter of 2023.

Economic activity slumped 3.4% in first half of 2024, reports INDEC

19-09-2024 00:48 Recession deepens with 1.7 percent contraction in second quarter of the year; Economic activity down 3.4% overall in first half of 2024.