News of forecast

World economy seen withstanding virus better than forecast

16-09-2020 15:35 OECD upgrades the global outlook, but makes huge downward revisions to a number of emerging markets. India, Argentina, Mexico and South Africa will suffer more than predicted in June, it says.

Budget proposal

Fernández's first Budget projects 5.5% growth in 2021

16-09-2020 01:17 Government's budget bill forecast for 2021: economic growth of 5.5%, primary fiscal deficit of 4.5%, inflation at 29% and 102 pesos per dollar.

Coranavirus pandemic

UK GDP 'could fall 13%' in 2020 as virus death toll climbs

14-04-2020 16:02 Britain's real GDP could fall by a whopping 35% in the second quarter of this year in the case of a three-month coronavirus lockdown, a government-funded watchdog forecasted Tuesday, as the country's death toll passed 12,000.

Price increases

Central Bank chief predicts February inflation data will be 'below 2%'

09-03-2020 08:00 Alberto Fernández’s administration will strengthen its economic interventions to combat inflation as experts forecast a deceleration of the price increases for February.

ECONOMIC INDICATORS

IMF predicts Argentina's economy will contract by 1.3% in 2020

29-01-2020 13:45 Fund maintains previous forecast and predicts growth will return in 2021. However, uncertainty over Latin America as a whole led to an interesting omission in the IMF's latest report.

BLOOMBERG

Blow for Fernández as crop windfall slips away

09-12-2019 13:42 President-elect needs all the help he can get to pull the country out of recession and make good on bond payments. But he faces a speed bump from the crop industry.

ECONOMIC OUTLOOK

Latin America set for feeble growth of 0.5% in 2019, says UN

31-07-2019 17:31 Crisis in Venezuela will drag down the region's performance, predicts CEPAL, which also points to expected 1.8 percent shrinkage in Argentina's economy.

CRISIS IN VENEZUELA

IMF: Venezuelan economy to contract by further 35% this year

30-07-2019 12:36 The cumulative decline of the Venezuelan economy since 2013 will reach 65%, among the deepest five-year contractions around the world over the last half century, the International Monetary Fund has announced.