ECONOMIC INDICATORS Economy contracted more than expected in March, says INDEC 19-05-2022 17:58 Economic activity in Argentina grew 4.8% year-on-year in March, though it contracted 0.7% from the previous month.
PRICE HIKES 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.
WORLD ECONOMY 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.
EUROLAT ASSEMBLY Opposition slams Fernández de Kirchner for ‘shameful’ EuroLat speech 15-04-2022 10:08 Vice-president officially opens 14th plenary session of the Euro-Latin American Parliamentary Assembly; Representatives and opposition lash out at speech.
ECONOMIC INDICATORS Economy grew 5.4% in January year-on-year, but fell from previous month 30-03-2022 13:41 Argentina's economy grew 5.42% in January year-on-year, but fell 0.5% compared to last December, according to government data.
economy Economy shrank in January after strong finish to 2021 29-03-2022 17:14 Economic activity in January fell 0.5% from the previous month; Results signal a slowdown in growth ahead of finalising of IMF debt deal.
ECONOMIC INDICATORS 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.
ECONOMIC INDICATORS 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.
ECONOMIC INDICATORS GDP grew 10.3% in 2021 after three years of decline 25-02-2022 14:51 National statistics bureau confirms Argentina’s gross domestic product rose 10.3% in 2021 – first year of growth since 2017.
ECONOMIC INDICATORS Economy caps strong second half with December rebound 23-02-2022 17:41 Argentina’s economy capped a strong second half of growth as it emerged from a long recession last year.
ARGENTINA ABLAZE Unprecedented drought fuels devastating fires in Corrientes Province 16-02-2022 22:26 Fires fuelled by an unprecedented drought are ravaging hundreds of thousands of hectares of land in the northeastern province of Corrientes, causing serious economic and environmental damage.
2022 FORECAST 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.
ECONOMIC INDICATORS 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.
BLOOMBERG Argentina’s economy expanded more than expected in November 25-01-2022 18:29 Economic activity rose 1.7% from October, the fastest pace since June and above analysts’ expectations for a 0.9% expansion.
ECONOMIC INDICATORS Argentina more than halves 2021 budget deficit amid IMF talks 21-01-2022 22:56 Argentina sharply reduced its budget deficit in 2021 as President Alberto Fernández tries to cut down on spending amid talks with the International Monetary Fund.
ECONOMIC INDICATORS Argentina's trade surplus up by 17.7% in 2021 21-01-2022 22:49 Argentina closed out 2021 with a trade volume of US$141 billion, its biggest since 2013, and a surplus of almost US$15 billion, 17% higher than the previous year.
ECONOMIC INDICATORS 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.
REMEMBRANCE 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.
TWO DECADES ON Argentines recall nation’s worst ever crisis, 20 years on 18-12-2021 08:48 This weekend marks two decades since Argentina's worst-ever financial crisis, which was accompanied by a period of civil and political unrest and rioting across the nation.
ECONOMIC INDICATORS Economy grew 10.8% in first nine months of 2021, says INDEC 17-12-2021 02:23 Argentina's economy grew 11.9% year-on-year in the third quarter, according to INDEC.
ECONOMIC INDICATORS Argentina’s economy posts strong third quarter rebound 16-12-2021 16:47 Gross domestic product rose 11.9% in the third quarter from a year earlier, rebounding thanks to vaccination and the re-opening of activities.
ECONOMIC INDICATORS 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 DEBT 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.
ELECTIONS 2021: ANALYSIS President vows to send ‘multi-year economic programme’ to Congress 15-11-2021 13:12 President Alberto Fernández announced Sunday night that he will send a bill to Congress outlining a “multi-year economic programme” for Argentina – and he says it has the “full support” of his coalition, including Vice-President Cristina Fernández de Kirchner. by Lorena Rodríguez
BLOOMBERG Argentine stocks bet on government to suffer setbacks in vote 11-11-2021 15:20 Argentine stocks have posted the world's biggest rally this month as investors increase bets that this weekend's midterm elections will strengthen the power of the opposition.
ECONOMIC INDICATORS Economic activity rose 12.8% in August year-on-year 22-10-2021 02:27 Activity up 10.8% on previous year in first eight months of this year, according to data from INDEC national statistics bureau.
ECONOMIC INDICATORS IMF improves growth outlook for Argentina's economy 12-10-2021 14:04 International Monetary Fund improves 2021 growth forecast for Argentina to 7.5%, rise of 1.1 points.
Price increases World Bank rules out risk of hyperinflation in Argentina 06-10-2021 21:22 World Bank official plays down risk of hyperinflation in Argentina and says new agreement with International Monetary Fund regarding multi-billion-dollar debt will further reduce possibility.
Bloomberg 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.
ECONOMIC INDICATORS 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 INDICATORS Argentina's economy shrank in second quarter amid worst Covid wave 21-09-2021 17:04 Gross domestic product fell 1.4% in the second quarter of 2021 compared to the previous period, government data shows.
BLOOMBERG Paraguay seeks to wind down stimulus as economy bounces back 27-08-2021 12:27 Paraguay will continue to dial back pandemic stimulus next year as a fast growing economy cushions austerity measures that have proved unpopular in other South American countries.
BLOOMBERG Peru’s economy rebounds by record 42% after slump last year 24-08-2021 09:00 Peru's GDP grew 41.9% in the three months through June from the same period a year earlier, when the nation suffered the most severe contraction of any major economy due to the Covid-19 pandemic.
ECONOMIC INDICATORS 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.
BLOOMBERG 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
CRISIS IN VENEZUELA Sailing boats and cycle rickshaws in oil-rich, fuel-light Venezuela region 18-08-2021 15:13 Venezuelans are improvising to survive chronic fuel shortages in Zulia, the region that saw the birth of the nation's oil industry.
ECONOMIC INDICATORS Foreign investment in Latin America plummets, says UN 05-08-2021 15:24 Foreign investment in Latin America plummeted 35% in 2020 compared to the previous year, says UN regional commission on economic cooperation. Argentina suffered a fall of 39.7%, according to report.
CONSERVATION Fishing vessels illegally target marine mammals in South American waters 31-07-2021 12:00 Conservationists warn sea lions and elephant seals are being captured by foreign vessels in Argentine and Uruguayan waters. Experts call for urgent measures from authorities. by Fermin Koop
ECONOMIC INDICATORS 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.
BLOOMBERG – ANALYSIS 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.
PRICE RISES Private firms predict inflation will exceed 48% this year 20-07-2021 19:46 Several inflation projections for this year now top 50% – way above the government's stated target of 29%.
ECONOMIC INDICATORS Economic activity dropped 1.2% in April from previous month 30-06-2021 09:17 Argentina’s economy contracted more than expected in April 2021, thanks in most part to restrictions and conditions imposed by the coronavirus pandemic.
Protests in Colombia Fresh clashes in Colombia on protest movement anniversary 29-06-2021 13:06 Anti-government protesters and police traded blows on Monday in demonstrations across Colombia that marked two months of unrest in which more than 60 people have died.
ECONOMIC INDICATORS 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.
ECONOMIC INDICATORS 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 World Bank forecasts 'modest recovery' for Latin America and Caribbean 09-06-2021 14:51 Latin America and the Caribbean will have "modest economic recoveries" in 2021, the World Bank has warned. Argentina's economy forecast to rebound 6.4% this year.
Protests in Colombia No end in sight as Colombia marks full month of protests 28-05-2021 12:04 Colombia on Friday marks a full month of anti-government protests which began on April 28 in response to a proposed tax increase. Though the reform was quickly withdrawn, it triggered a broad anti-government mobilisation by people who felt they were left to fend for themselves in the health crisis, and angry over the heavy-handed response of security forces.
BRAZIL UNDER BOLSONARO Unemployment in Brazil hit record 14.7% in first quarter 27-05-2021 12:24 Unemployment in Brazil reached a record level of 14.7% in the first quarter of the year, 2.5 points up compared to the same period in 2020, official sources reported on Thursday.
ECONOMIC INDICATORS 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.
Protests in Colombia 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.