News of economic

OECD forecasts slowdown for Argentina’s economy in 2023

22-11-2022 14:42 Argentina’s GDP will grow 4.4% this year and by just 0.5% the following; Global GDP will increase 3.1% in 2022 – nearly half the rate of previous year, forecasts Organization for Economic Co-operation and Development.

Prices have risen by 88% over last 12 months, reveals INDEC

15-11-2022 17:06 Inflation was 6.3% in October, according to national statistics bureau; Price hikes stand at 76.6% since the turn of the year, with 2022 likely to end with a rate in triple digits.

Around 5.5 million children in Argentina living in poverty

29-09-2022 02:11 Child poverty affected 50.9% of Argentina’s population in the first half of 2022, according to the Permanent Household Survey (EPH) by the INDEC national statistics bureau.

Poverty reached 36.5% in the first half of 2022

29-09-2022 02:05 According to government data, almost four out of every 10 people in Argentina are considered poor; More than half of children aged up to 14 years old live in poverty, with 5.3 million nationwide in extreme poverty.

Argentina's second-quarter economic growth surpasses expectations

21-09-2022 15:07 Economy grew more than expected in the second quarter of the year as rising commodity prices boosted exports.

For a fistful of dollars

10-09-2022 02:00 The shock of the assassination attempt is quite rightly uppermost in public debate, but the real trends lie elsewhere.

Inflation hit 7.4% in July – highest monthly rate since April 2002

11-08-2022 19:11 Official data reveals prices in Argentina up 71% over the last 12 months; prices have surged by 46.2% so far this year according to INDEC.

Argentina is running out of cash to stave off devaluation

02-08-2022 18:10 Argentina teeters on the precipice of severe financial crisis. Peso devaluation looms, with potential for hyperinflation.

Ports in a storm

25-07-2022 15:56 Why is Boris Johnson out of office, but Alberto Fernández clings on? The simplest answer to that question lies in the difference between parliamentary and presidential democracy.

by James Neilson

INDEC: Economy grew 6% in the first quarter of 2022

23-06-2022 23:24 National statistics bureau reveals that unemployment remained stable in the first three months of the year, reaching 7%.

Brazil April inflation rate hits 26-year high

11-05-2022 16:18 Brazil's inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiralling prices continued to defy the central bank's push to rein them in.

IMF slashes global growth forecasts amid Ukraine war

19-04-2022 15:07 IMF lowers global growth forecast to 3.6% for 2022 in wake of "seismic" impact of Ukraine war.

Economy misses fourth-quarter estimates, but has record year

24-03-2022 14:45 GDP rose 10.3% in 2021, the best performance since the series began in 2004, according to official data.

Argentina's manufacturing, construction shrink to start 2022

10-03-2022 19:46 Industrial production contracted 5.5% in January from previous month. Construction activity declined 3.9% in the same period.

IMF slashes 2022 global growth outlook, forecasts 3% rise in GDP for Argentina

26-01-2022 15:17 The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world's two largest economies, the IMF said Tuesday.

Economy grew 10.3% year-on-year in first 11 months of 2021

25-01-2022 19:03 GDP rose 10.3% year-on-year between January and November 2021, reveals national statistics bureau.

Economy grew 6.7% year-on-year in October, according to INDEC

23-12-2021 16:43 Economic activity grew 6.7 percent in October year-on-year, but fell 0.8 percent compared to September, according to INDEC.

Argentines commemorate 20th anniversary of 2001 crisis at Plaza de Mayo

20-12-2021 12:57 December 2021 marks the 20th anniversary of the so-called 'corralito,' which led to protests and riots that ended up in then-president Fernando De la Rúa's resignation from office.

Economy beats forecast despite political woes

23-11-2021 19:03 Argentina’s economy expanded more than expected in September as tourism, manufacturing and construction picked up.

IMF asks Argentina for a plan with ‘broad political and social support’

16-11-2021 14:17 First comments from IMF official after election; President Alberto Fernandez plans to send bill to Congress outline ‘multi-year’ economic programme.