News of inflation

Price controls without IDEA(s)

16-10-2021 00:01 The holes in price controls are an all too familiar story in Argentina. All sorts of routes for bypassing them, but the ultimate problem confounding price controls is that even their success against all the odds also contains the seeds of failure.

by Michael Soltys

Inflation hit 3.5% in September as hikes picked up pace

15-10-2021 01:05 Consumer prices have risen 37% so far this year and 52.5% over last 12 months, according to new data from INDEC national statistics bureau.

IMF: Inequality, inflation hurting pandemic recovery

05-10-2021 12:25 Global economic bounceback from the Covid-19 crisis will downshift this year as countries struggle with rising prices, high debt loads and divergent recoveries, warns IMF.

A million bolivars become one as Venezuela recalibrates battered currency

30-09-2021 22:30 For the third time in 13 years, Venezuela on Friday will slash zeroes off its inflation-battered currency, the bolivar. This time, it will shed six zeroes, for a total of 14 since 2008.

Priciest food since 1970s is a big challenge for governments

15-09-2021 10:41 Governments across the world know that rising food costs can come with a political price. The dilemma is whether they can do enough to prevent having to pay it.

Monthly inflation cools more than expected to 2.5%

14-09-2021 17:21 Consumer prices rose 2.5 percent in August from a month earlier, the lowest level since July 2020.

Cheap electricity a boon for bitcoin mining in cash-strapped Venezuela

01-09-2021 12:55 In crisis-stricken Venezuela, crypto mining presents an economic opportunity for a lucky few, made possible by one of the world's lowest electricity prices.

Desperately looking for an exit

14-08-2021 07:27 Though representatives of both sides are only too happy to tell us how much they detest their adversaries, they show little interest in examining their own record.

by James Neilson

Venezuela to slash six zeroes from its currency

05-08-2021 14:25 Venezuela will slash six zeroes off its inflation-battered currency to make it easier to use, the Central Bank said on Thursday.

Government speeds up money printing ahead of election

28-07-2021 17:00 Central Bank was printing money for the Treasury at the fastest pace so far this year in July.

Inflation slows for third month to below forecast

15-07-2021 17:27 From a year ago, inflation reached 50.2%, the highest annual rate since early 2020, according to government data.

Argentina slows peso devaluation in an attempt to curb inflation

01-07-2021 07:55 Policy makers see slower peso depreciation, managed by the Central Bank in a so-called 'crawling peg,' as a key tool to curb rising inflation expectations.

Argentina’s inflation cools more than expected in May

16-06-2021 18:16 Argentina‘s inflation slowed more than expected in May as the government reintroduced a temporary lockdown to combat the pandemic and seasonal prices provided some respite.

Argentines hedge against yet another inflation spiral

15-06-2021 17:46 Amount of money placed in mutual funds that invest in inflation-linked debt in Argentina has leaped 40% in just 30 days, far outstripping any other type of fund.

Inflation continues to rise: prices increased 4.1% in April

14-05-2021 01:47 INDEC’s Consumer Price Index shows cost of living jumped 4.1% in April and 17.6% in the first four months of the year.

Government extends food aid to four million kids under 14

09-05-2021 09:20 President Alberto Fernández says government will extend Tarjeta Alimentar food card scheme to four million children aged under 14, with poverty on rise among youngsters.

IMF official says timing of new debt deal depends on Argentina

17-04-2021 09:11 IMF Western Hemisphere Director Alejandro Werner says a lot of “advanced work” on a new financing programme for Argentina has been completed. But the timing of a new deal depends on the Alberto Fernández administration, he adds.

Argentina records highest inflation rate in 18 months: 4.8%

15-04-2021 17:35 Inflation in March reached 4.8% – the highest figure since September 2019. Prices have jumped 12.4% in first three months of year, 42.6% over last 12 months.

Wages continue to lose out to inflation, pushing poverty up

03-04-2021 08:43 Salaries rose 29.6% in 12 months up until February, while prices rose 38.5 percent over the same period.

What we learned this week: March 20 to 27

27-03-2021 08:57 The pick of the stories that caught our eye over the last seven days in Argentina.