News of economic

Economic activity slowed in July amid uneven recovery

28-09-2021 18:44 Argentina's economy grew 11.7% in July from a year ago; Activity expanded 0.8% on a monthly basis, a slower pace from June.

Unemployment dropped to 9.6% in second quarter

24-09-2021 02:27 Among men, unemployment affected nine percent of the economically active population in the second quarter, with the figure rising to 10.4 percent for women.

Economic activity grew 9.7% in first half of 2021

20-08-2021 02:28 INDEC forecast sees 2.5% growth in June from the previous month. In annual comparisons, 13 of 15 industry sectors grew year-on-year.

Argentina's economy rebounded more than expected in reopening

20-08-2021 01:25 Argentina’s economy expanded more than expected in June as the government relaxed lockdown measures and ended an export dispute with beef producers

INDEC: Economic activity in May fell 2% from previous month

21-07-2021 22:00 Argentina's economy grew 13.6% in May year-on-year, but declined 2% on the previous month, reports INDEC.

Economy posts sharpest decline in a year in May

21-07-2021 18:17 Argentina’s economy posted its worst decline in a year in May as the government implemented another strict lockdown and a temporary ban on beef exports cooled the business climate.

Unemployment dropped slightly to 10.2% in first quarter

26-06-2021 00:11 GDP grew 2.6% from the previous quarter, higher than economists expectations of a 2.3% increase.

GDP grew at fastest pace since 2018 in first quarter

23-06-2021 16:41 GDP grew 2.6% from the previous quarter, higher than economists expectations of a 2.3% increase. From a year ago, Argentina’s economy grew 2.6% in the first quarter of 2021, its fastest pace in three years.

Economy unexpectedly shrank for second straight month in March

21-05-2021 01:40 Argentina’s economy shrank for the second straight month in March as accelerating inflation diminished wage gains.

Colombia's foreign minister resigns amid condemnation of police action

13-05-2021 14:10 Colombia's foreign minister Claudia Blum resigned on Thursday amid international condemnation of excessive force used by law enforcers against civilians engaged in anti-government protests since April 28.

Argentina’s economy snaps growth streak, contracting in February

22-04-2021 23:52 Economic activity fell one percent in February from January, snapping a nine-month growth streak following a historic plunge triggered by the coronavirus pandemic.

Guzmán heads for Moscow after searching for ‘consensus’ on European tour

17-04-2021 09:16 Economy Minister Martín Guzmán heads to Moscow for talks on vaccine production, IMF debt restructuring and deepening strategic ties.

Economic activity up 1.9% in January on previous month

30-03-2021 20:24 Economic activity fell 2% from January 2020, but rose 1.9% when compared to December last year the fastest pace in four months.

Mercosur’s murky future

27-03-2021 07:27 Mercosur will have problems selling itself to the rest of the world while it cannot sell to itself.

by Michael Soltys

UN: Pandemic pushed LatAm extreme poverty to 20-year high

04-03-2021 13:41 Number of poor people in the region rose by 22 million in 2020 to 209 million. ECLAC calls for "new welfare state."

Brazil ends new 'lost decade' with GDP drop of 4.1% in 2020

03-03-2021 10:26 The economy of Argentina's giant neighbour registered a 4.1% contraction in 2020, according to official data.

Fernández calls for closer ties during visit to Chile

30-01-2021 08:51 President flies to Santiago for two-day visit, taking in meetings with Chilean President Sebastián Piñera, a host of opposition politicians and businessmen.

Balancing the budget, a dubious aim in an electoral year

30-01-2021 08:38 Economy Minister Martín Guzmán’s plans could collide with government aspirations for a good result in the 2021 midterms.

2020: The year that was

02-01-2021 09:27 Economic crisis, rising poverty and unemployment, debt talks, creditors, the IMF, wealth tax, squatters, a police mutiny, the failed appropriation of Vicentin, alleged AFI espionage, ‘lawfare,’ corruption, legalised abortion, diplomacy, disappearances, the death of Diego Maradona… a lot happened in Argentina over the past 12 months, but it was all overshadowed by Covid-19.

by Michael Soltys

Economic activity contracted 7.4% in October year-on-year

24-12-2020 02:47 Economic activity contracted by 11.3% in the first 10 months of 2020, compared to the previous year, the INDEC national statistics bureau reports.