News of indec

The poverty of politics

Yesterday 05:00 One can only tremble at what levels poverty might reach for the second half of this year after last month’s double-digit inflation.

ECONOMIC INDICATORS

More than 40% of Argentines living in poverty, official data shows

27-09-2023 16:36 Data from INDEC national statistics bureau reveals approximately 18.6 million Argentines are now considered poor, with 4.3 million destitute; Poverty affected 40.1% in first half of year; Experts warn figure likely to soar even higher in future given post-PASO devaluation of peso and soaring price hikes.

POVERTY

Poverty on electoral agenda as INDEC prepares to release data

22-09-2023 16:51 National statistics bureau will reveal Argentina's poverty rate on Wednesday, less than a month before the election; Specialists expect rate of 40% or higher.

EDITORIAL

Cheaper by the dozen?

16-09-2023 05:47 While there is more than one reading of Sergio Massa’s tax cuts, all lead to more inflation. If one side of political polarisation blames the fiscal deficit for rising prices and the other business greed, both are simplistic.

ECONOMIC INDICATORS

Government to release inflation estimate on a weekly basis

15-09-2023 21:08 Argentina, which recorded a monthly inflation rate of 12.4% last month alone, will start releasing a weekly consumer price index.

ECONOMIC INDICATORS

Argentina's monthly inflation surges to 12.4%, worst since 1991

13-09-2023 19:56 Consumer prices rose 12.4% in August from July, the highest monthly increase since 1991 when the country was exiting hyperinflation.

ECONOMIC INDICATORS

Inflation in August hit 12.4% – highest monthly rate in 32 years

13-09-2023 16:11 Data from INDEC national statistics bureau shows consumer prices soared by more than 12% last month; First monthly figure to accommodate impact of post-PASO devaluation of peso; Inflation over last 12 months reaches 124.4%.

ECONOMIC INDICATORS

UCA report: Poverty rate would be 50% without welfare support

03-09-2023 10:24 New report from the Catholic University of Argentina’s Social Debt Observatory concludes poverty affects 38.9% of the population; Those under 17 most affected; Without child benefit and welfare support payments from the government, half of Argentina would be poor.

ANALYSIS

Inflation cooled to 113% before election price surge

15-08-2023 16:58 Annual inflation in Argentina eased slightly in July before last Sunday’s stunning election result sent prices soaring.

ECONOMIC INDICATORS

Inflation accelerates again with fears of worse to come

15-08-2023 16:37 Consumer prices rose 6.3% in July and are up 113.4% in the last 12 months; Measurement does not include this week’s devaluation of the official exchange rate, prompting analysts to warn of double-digit hikes in the near future.

ANALYSIS

Argentina monthly inflation slowed in June for second straight month

13-07-2023 16:58 Inflation in Argentina slowed more than expected for a second straight month in June, prolonging a brief respite even as living costs continue increasing at an elevated pace.

ECONOMIC INDICATORS

Inflation in Argentina slowed to 6% in June, reveals INDEC

13-07-2023 16:07 Prices have risen by 115.6% over the last 12 months and by more than 50% in the first half of the year, according to government data.

ECONOMIC INDICATORS

Argentina's economy picks up less than expected ahead of recession

23-06-2023 00:49 Gross domestic product expanded 0.7& in the first quarter from the October-December period.

INFLATION DATA

Opposition slams government for ongoing inflation woes

15-06-2023 00:15 Opposition presidential hopefuls and critics from libertarians to leftists slam May inflation data and government’s “index of failure and decadence."

ANALYSIS

Inflation hits 114% as government faces dollar shortage

14-06-2023 22:24 Argentina's monthly inflation unexpectedly slows in May but stays elevated.

ECONOMIC INDICATORS

Consumer prices in Argentina rose 7.8% in May, reveals INDEC

14-06-2023 16:04 Inflation over the last 12 months now totals 114.2%, according to government data, with prices up 42.2% in the first five months of the year.

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 INDICATORS

INDEC: 1.2 million in Argentina live in ‘critically overcrowded’ homes

10-05-2023 22:56 Government data reveals that more than one million people in Argentina are living in “critically overcrowded” households.

ECONOMIC INDICATORS

Economy stagnated in February as inflation surged past 100%

24-04-2023 18:16 Argentina’s economy stagnated in February, as inflation surpassed 100% for the first time in three decades.

POLITICS

‘Plan Platita II’? Government to stuff pockets as inflation bites

18-04-2023 14:02 To mitigate the coalition friendly fire that has been rekindled by the confirmation of accelerating price hikes, Serio Massa’s economic cabinet is drawing up a new programme to stimulate consumption.

ECONOMY 104,3

Annual inflation rate hits 104.3% after 7.7% jump in March

14-04-2023 16:01 Inflation accelerated to 7.7% in March, INDEC national statistics bureau reveals; Argentina’s inflation rate over the last 12 months now totals 104.3%.

COURT RULING

Argentina loses US$1.5-billion UK case over GDP-linked bonds

05-04-2023 10:47 Argentina must compensate investors for losses in the country’s growth-linked securities after the nation changed the method of calculating gross domestic product, a London court ruled.

ECONOMIC INDICATORS

INDEC: Poverty reached 39.2% of population in second half of 2022

30-03-2023 16:24 National statistics bureau report shows near three-point jump on first half of last year; Projected out to whole population, more than 17.6 million people are considered poor; More than half are aged under 14, with eight percent of population were living in extreme poverty.

ECONOMIC INDICATORS

Argentina's economic growth surpasses expectations despite outlook

30-03-2023 14:31 Argentina's economic activity rose 2.9% year-over-year, more than economists expected in January.

ECONOMIC INDICATORS

Economy grew 5.2% in 2022, second straight year of growth

23-03-2023 16:49 Improvement in GDP was consumer-led (up 9.4%) with exports up 5.7%, new INDEC report reveals.

ECONOMIC INDICATORS

Argentina's economy contracts by most since pandemic to end 2022

22-03-2023 16:41 Argentina's economy contracted less than expected at the end of last year, with GDP down 1.5% in the fourth quarter of 2022 compared to the previous three-month period.

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 INDICATORS

Not even a World Cup win can save Argentina’s economy from decline

24-02-2023 10:08 Economy contracted more than expected in December even after the country won its much-celebrated third World Cup title, lending weight to view that recession lies ahead later this year.

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.

CENSUS 2022 RESULTS

Census data update shows Argentina’s population is 46 million

31-01-2023 23:14 INDEC shares fresh data from last May’s census, showing national headcount of 46,044,703 – 1.2 million lower than previous estimate. According to statistics bureau, 51.76% of the population is female and 48.22% male.

Inflation Rises

Inflation hit 94.8% in 2022, highest rate in 32 years

12-01-2023 17:34 INDEC reveals that prices increased by 5.1% in December, continuing the general downward trend but accelerating slightly from the preceding month.

ECONOMIC INDICATORS

Inflation spiked to three-decade high of 95% in 2022

12-01-2023 16:56 Rising annual inflation, which is expected to exceed 100% in the coming months, has once again become the dominant theme in Argentina.

ECONOMIC INDICATORS

UCA report puts poverty rate at 43.1%

06-12-2022 14:07 More than 17 million people in the country are poor, according to the latest report by the influential Social Debt Observatory of the UCA Catholic university; Figure would rise to 50% without existing state assistance, concludes study.

BLOOMBERG – ANALYSIS

Argentina's economy contracted in September after currency policy

24-11-2022 01:49 Economic growth has shown resilience this year despite expectations of a recession following political turmoil in July that resulted in the ouster of three economy ministers in four weeks.

ECONOMIC INDICATORS

Economic activity fell in September, ending five-month run of growth

24-11-2022 01:45 INDEC national statistics bureau reports activity fell 0.3% in September from the previous month, ending a streak of five consecutive months of growth. Annually, the economy expanded 4.8% in the same month of the previous year .

ECONOMIC INDICATORS

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.

BLOOMBERG – ANALYSIS

Argentina’s annual inflation spikes to 88%, topping G20 countries

15-11-2022 17:00 Consumer prices rose 88% in October from a year ago, surpassing Turkey’s 85.5% rate for the highest among Group of 20 nations.

ECONOMIC INDICATORS

Economy grew in August despite political crisis

20-10-2022 17:17 Economy expanded 0.4% in August compared to July; From a year ago, the economy grew 6.4%, according to government data.

ECONOMIC INDICATORS

Inflation in September hit 6.2%, prices up 83% over past year

14-10-2022 18:51 No respite from runaway price hikes: inflation in September reached 6.2%, with cost of living over the last 12 months up 83%. Private economists forecast an annual 2022 rate of more than 100%.

BLOOMBERG - ANALYSIS

Argentina’s yearly inflation surged to 83% in September

14-10-2022 18:49 Annual inflation surged to a new 30-year high in September as policymakers struggle to tame some of the world’s fastest consumer price increases.

Poverty in Argentina

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.

ECONOMIC INDICATORS

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.

BLOOMBERG – ANALYSIS

Poverty remains above pre-pandemic level in early 2022

29-09-2022 02:00 Argentina's poverty rate remained above pre-pandemic levels in the first half of this year as high inflation eroded benefits of country's economic recovery.

ECONOMIC INDICATORS

Unemployment dropped to 6.9% in second quarter, says INDEC

22-09-2022 18:38 Unemployment fell to 6.9% in the second quarter from 9.6% in the same period last year, according to official data, in large part due to the coronavirus pandemic.

ECONOMIC INDICATORS

Inflation woes continue: prices up 7% in August

15-09-2022 23:52 Food and non-alcoholic beverages see highest spikes as purchasing-power continues to plummet; Prices have risen 56.4% since January with annual projections now nearing 100%.

BLOOMBERG - ANALYSIS

Inflation hits 79% ahead of likely rate hike

15-09-2022 15:20 Annual inflation in Argentina surged to 78.5 percent in August, almost certainly cementing another Central Bank interest rate hike as early as this week.

ECONOMIC INDICATORS

Food and fuel price rises put pressure on August inflation figure

03-09-2022 15:34 Most analysts and consultancy firms expect price rises totalled at least 6% last month, with some anticipating a monthly rate that’s closer to 7%.

ECONOMIC INDICATORS

Economy grew 6.3% in the first half of 2022, says INDEC

23-08-2022 17:34 Activity in June expanded 1.1% from a month earlier, well above economists' expectations of a 0.2% decline.

BLOOMBERG - ANALYSIS

Inflation surges past 70% on political turmoil

11-08-2022 16:46 Consumer prices rose 71% in July from a year ago, the highest level in about 30 years, according to government data published Thursday.