News of forecast

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.

ECONOMIC INDICATORS

Analysts forecast May inflation rate of 9.1%

01-06-2023 17:11 Consultancy firm predicts that prices accelerated in May for a sixth consecutive month.

ECONOMIC OUTLOOK

Moody's forecasts 1.5% contraction for Argentina's economy

12-04-2023 13:46 Ratings agency Moody's Investors Service warns of impact of drought on Argentina's economy and predicts inflation will rise to 107% this calendar year.

ECONOMIC INDICATORS

Buenos Aires City recorded 7.1% inflation in March

05-04-2023 14:37 Prices in the nation’s capital have risen 21.8% in first quarter of the year and by 105.5% over last 12 months.

ECONOMIC OUTLOOK

Argentina March inflation seen hitting 7%, challenging Massa

04-04-2023 08:42 Argentina’s monthly inflation likely sprinted in March to its fastest pace in at least seven months – another setback for Economy Minister Sergio Massa as elections draw nearer.

ECONOMIC INDICATORS

INDEC: Prices jumped 6.6% in February, inflation 102.5% over last year

14-03-2023 16:13 Consumer prices jumped 6.6% in February, pushing Argentina’s inflation rate over the last 12 months into the dreaded three digits, according to government data.

ECONOMIC OUTLOOK

JPMorgan sees economy facing prospect of hard landing

28-02-2023 09:20 Argentina’s economy is facing the prospect of a “hard landing” scenario this year as a crop drought deepens expectations of a larger downturn, according to JPMorgan.

ECONOMIC INDICATORS

Annual inflation rate hits 98.8%, surpassing expectations

14-02-2023 17:13 Prices gained 6% from December, the second straight month of faster increases, according to government data published Tuesday.

WHAT LIES AHEAD IN 2023

Economy 2023: inflation and austerity in an election year

11-01-2023 23:28 The new year will be in a state of permanent tension, as Argentina grapples with spending cuts contained in the agreement with the International Monetary Fund and the political needs of a president in an election year.

ECONOMIC INDICATORS

Inflation slowed to 4.9% in November – lowest figure in nine months

15-12-2022 23:44 According to the INDEC national statistics bureau, prices have increased by 92.4% over the past 12 months; Monthly rate for November less than expected, while quarterly economic growth picked up before government renewed price control scheme

ECONOMIC OUTLOOK

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.