News of forecast

IMF holds firm on Argentina growth forecast despite global uncertainty

22-04-2025 12:35 Washington-based lender cites early 2025 economic rebound and rising confidence amid broader warnings over global slowdown.

ECONOMIC INDICATORS

Inflation slowed to 2.2% in January – lowest rate in four-and-a-half years

13-02-2025 16:06 Boost for President Javier Milei and Economy Minister Luis Caputo as inflation slows to 2.2%; Consumer prices have risen 84.5% over the past 12 months, according to government data.

AGRICULTURE & ECONOMY

La Niña effects surprise Argentine farmers as dryness kicks in

07-01-2025 16:55 La Niña wreaked havoc on Argentina’s farms just two years ago. Now, a long bout of dry weather is emerging again.

End of the recession?

Economy rebounded in Q3 but activity remains below 2023 levels

17-12-2024 10:12 Argentina’s economy grew by 3.9% in the third quarter compared to the previous months, but fell 2.1% year-on-year. Recovery marked by uneven performance across sectors.

ECONOMIC OUTLOOK

OECD forecasts Argentina's economy will contract 4% this year

25-09-2024 08:53 OECD experts worsen forecast for Argentina's economy, predicting GDP contraction of 4% this year and annual inflation of 147.5%.

POVERTY IN ARGENTINA

Private estimates: Three million new poor created so far this year

24-09-2024 16:19 Private estimates, published ahead of the INDEC national statistics bureau's latest update, suggest that some three million people have slipped below the poverty line since the turn of the year.

by Gonzalo Martínez

IMF ANALYSIS

Argentina to move real rates to positive territory, IMF says

17-06-2024 14:57 IMF expects Argentina to take real interest rates into positive territory and ease currency controls in coming months.

ECONOMIC OUTLOOK

IMF downgrades Argentina's economic outlook for 2024

17-06-2024 12:39 International Monetary Fund downgrades estimate, forecasting that the economy will contract by 3.5% this year.

ECONOMIC OUTLOOK

ECLAC forecasts 3.1% decline for Argentina’s economy this year

09-05-2024 17:56 Argentina growth forecast revised downwards by United Nations body, while regional outlook is improved.

ECONOMIC ASSESSMENT

IMF: Argentina meeting programme targets by ‘significant margins’

22-04-2024 11:53 Milei’s stabilisation plan "has yielded better results than we expected in our last programme review," says Rodrigo Valdés, IMF's director for Latin America and the Caribbean.

ECONOMIC OUTLOOK

'Very complicated': Milei warns inflation rate for March could be high

11-03-2024 14:29 Argentina’s president says consumer price hikes are slowing and that he “is convinced” battle against inflation will be won.

ECONOMIC OUTLOOK

OECD: Argentina's inflation rate to soar to 250% this year

05-02-2024 10:02 Annual inflation rate expected to skyrocket to 250.6% in 2024, forecasts Organisation for Economic Cooperation and Development.

ECONOMIC OUTLOOK

World Bank forecasts 2.7% growth for Argentina in 2024

09-01-2024 16:46 Argentina’s economy likely contracted 2.5% last year, but will record growth of 2.7% in the coming 12 months, forecasts World Bank, which warns of “economic uncertainty” and continuing inflation.

ECONOMIC OUTLOOK

OECD: Argentina should think about ‘effectiveness of its social spending’

29-11-2023 12:22 OECD warns Argentina to assess "effectiveness of social spending" as it issues gloomy forecast for economy over next two years.

ECONOMIC OUTLOOK

Economy sputters toward recession as Milei takes reins

23-11-2023 14:42 Argentina’s economy stalled after an August devaluation of the official peso rate, further llustrating the challenges ahead for the president-elect.

ECONOMIC OUTLOOK

Argentina’s Milei to face ‘painful recession’ next year, IIF says

20-11-2023 15:07 “A painful recession in 2024 seems inevitable, no matter what policy framework prevails,” warns Institute of International Finance.

ECONOMIC OUTLOOK

‘First six months of 2024 are going to be terrible,’ says Argentine business leader

15-11-2023 22:41 Head of Cámara Argentina de Comercio offers ominous forecast for next government’s initial months in office and warns politicians must “do things properly" in what looks to be a “complex” year ahead.

ECONOMIC INDICATORS

Central Bank: Inflation averaged 12% in August, September

09-10-2023 21:10 Argentina’s monthly inflation rate averaged 12% in August and September, according to the Central Bank’s monthly monetary policy report.

ECONOMIC INDICATORS

CELAC sees Latin American growth of 1.7%, but forecasts 3% slump for Argentina

05-09-2023 15:13 Argentina's economy forecast to contract by 3% this year, according to Economic Commission for Latin America and the Caribbean (ECLAC/CELAC).

Currency crisis

Argentine peso to slide 70% by next year, predicts Bank of America

16-08-2023 11:54 The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according to Bank of America strategists.