Coronavirus pandemic Governors to meet President Fernández for talks on 'total quarantine' 19-03-2020 12:32 Reports suggest "total quarantine" being considered by president, who will meet with governors at 5pm at Olivos.
Coronavirus pandemic Fernández vows to clamp down on virus price gouging 17-03-2020 12:04 Peronist president says he will put "AFIP to work against speculators," saying he will not "tolerate rogues taking us for fools."
Price increases Inflation in February came in at 2%, the lowest in two years 12-03-2020 17:16 Prices increases slow to slowest in the last two years, according to INDEC. Inflation in last 12 months now totals 50.3%.
Economic indicators Data shows businesses in Argentina cutting jobs amid crisis 09-03-2020 08:00 Argentina lost 28,500 private sector jobs in December, the worst monthly decline in four years, according to government data released on Thursday.
Bloomberg Argentina faces catch-22 on peso debt bomb after swap tradeoff 06-03-2020 15:37 The local debt of 1.8 trillion pesos (US $29 billion) is an amount roughly equivalent to all the cash in circulation in the country.
AGRO POLICY Farmers unions call four-day strike after rise in soy duties 05-03-2020 21:56 Four producers' unions say they will halt grain and livestock trading for four days and go on strike, starting from Monday, in response to a rise in duties imposed by President Alberto Fernández.
Price increases Fernández asks private sector to help ‘contain’ inflation in Argentina 05-03-2020 16:01 President urges employers to “contain” price increases, in a effort to stabilise Argentina's runaway inflation rate, which reached 53.8% in 2019.
Interest rate cuts Central Bank will continue lowering rates to curb inflation 04-03-2020 17:00 Central Bank plans to keep reducing its key interest rates further as inflation is expected to decelerate and as a tool to reduce debt costs.
Free Trade EU believes Argentina and Mercosur will ratify agreement 26-02-2020 15:17 Brussels maintains that the free trade agreement is "very balanced" and will boost the growth of the economy.
President in Congress Alberto Fernández looks to relaunch term in speech to Congress 26-02-2020 13:41 President expected to discuss IMF support, abortion, and judicial reform in his upcoming speech to lawmakers, which will mark opening of congressional sessions.
Crisis in Venezuela UN study: 1 of every 3 Venezuelans is facing hunger 24-02-2020 09:33 The study found that a total of 9.3 million people are moderately or severely food insecure, as wages stay stagnant amid unprecedented hyperinflation.
'TARIFAS' Government likely to increase utility rates in June, says Cafiero 20-02-2020 16:16 Government will unfreeze public services rates starting from June, but increases will only hit “the sectors that can support them,” says Cabinet chief.
ECONOMIC INDICATORS Inflation slowed in January to 2.3%, reveals INDEC 13-02-2020 16:36 Lowest monthly rate recorded since July 2019, which prices increased by 2.2%. Since January 2019, prices in Argentina have increased by 52.9%, reveals bureau.
Colectivo chaos 38 bus routes affected by 24-hour UTA dissident strike 11-02-2020 12:52 Dissident faction of transport-workers union makes move against UTA leader Roberto Fernández, as it decries falling purchasing power.
POVERTY & HUNGER Argentina’s double trouble: reducing poverty and debt 06-02-2020 16:42 President Alberto Fernández launches food coupons as a temporary solution to reduce poverty and hunger among vulnerable populations in Argentina.
Economic Crisis Argentine Senate passes debt-restructuring bill 06-02-2020 13:02 The Fernández administration will have significant leeway in determining how to restructure the debt, which currently sits at around US$335 billion
Delaying Debt Fidelity wins big on Buenos Aires bond payment 05-02-2020 12:25 Buenos Aires Province avoids immediate default by agreeing to use money from its coffers to make a principal debt payment, Kicillof says.
Bloomberg Argentina seeks to expand beef-price caps as consumption sinks 31-01-2020 15:53 The government aims to expand the types of beef cuts that will be price-controlled in an effort to keep the product affordable amid rampant inflation.
FUEL PRICES Government extends fuel price freeze until end of February 30-01-2020 13:38 Fernández administration to retain restrictions until the end of February in order to curb inflation.
INFLATION Central Bank expects considerable drop in inflation this year 28-01-2020 14:05 Institution has made largest interest rate cut in the world in recent weeks, in an attempt to revive an economy that is forecast to contract by 2020 for the third straight year.
Bloomberg Clean energy boom threatened by Argentina’s free-market fizzle 28-01-2020 12:50 Macri-era investment into clean energy along Argentina's Atlantic coast will be difficult to sustain in current economic climate, writes Jonathan Gilbert.
Bloomberg Rate cuts revive February inflation spike fears 25-01-2020 09:59 The Central Bank has slashed interest rates the most in the world in recent weeks, reviving concerns about an oft-repeated monetary policy misstep that triggers faster inflation in the country near the start of the year.
Crisis in Venezuela The faces of Venezuela's wide political divide 21-01-2020 12:31 In spite of the the crisis in Venezuela, which has hit relentlessly at the largely poor areas that is the ruling party's base of support, citizens of the embattled nation vary widely on their perspectives about the current political situation.
ECONOMIC INDICATORS Argentina records highest inflation rate since 1991 18-01-2020 09:07 Prices increased by 53.8% in President Macri’s final year in office, reveals INDEC.
ECONOMIC INDICATORS 53.8%: Argentina posts the highest inflation rate in 28 years 15-01-2020 17:51 INDEC reveals prices last year increased by the highest rate since 1991, with inflation in December coming in at 3.7%.
Bloomberg Paraguay set for economic rebound after recession 14-01-2020 16:04 Central Bank chief says Paraguay's economy will expand 4.1% as a broad recovery spanning agriculture to industry takes hold.
2019 IN REVIEW How the economic crisis came to define 2019 28-12-2019 08:52 As the year draws to a close, Argentina’s economy is in “virtual default,” according to President Alberto Fernández, who has compared the current crisis to the country’s worst-ever in 2001.
KEY STORIES Dec 9th-15th: What We Learned This Week 14-12-2019 12:06 What were the highlights of the past week?
NEW PRESIDENT Alberto Fernández’s five biggest economic challenges 12-12-2019 08:16 President-elect took power on December 10 facing a challenging economic and social crisis, with a deep recession and runaway inflation.
PRESIDENTIAL HANDOVER IMF chief says Fund remains committed to Argentina 10-12-2019 23:27 Kristalina Georgieva says International Monetary Fund remains committed to Argentina as President Alberto Fernández is sworn in as new leader.
Transition 2019 Economic crisis looms large as Alberto Fernández assumes office 09-12-2019 17:37 Against a backdrop of near-economic disaster, president-elect's biggest challenges will be leading the country out of recession – and navigating his coalition government.
Transition of Power Macri and Fernández embrace as Mass as Church calls for unity 09-12-2019 12:47 Church leader calls for "respect, unity and peace" as outgoing and incoming leaders attend Mass at Basilica of Our Lady of Luján,
NATIONAL STATISTICS BUREAU Jorge Todesca: 'INDEC's independence was a firm commitment by Macri' 05-12-2019 08:00 Outgoing INDEC chief discusses the changes at the national statistics bureau under his term, his replacement Marco Lavagna and his relationship with his daugther Cecilia – who is an economic advisor to president-elect Alberto Fernández. by Patricia Valli
Transition 2019 Fernández lines up Marco Lavagna to head INDEC statistics bureau 27-11-2019 17:02 Lawmaker and son of the former economy minister Roberto Lavagna will lead the national statistics bureau, president-elect confirms.
NATIONAL STATISTICS BUREAU Government pushes bill to protect INDEC bureau from 'political pressures' 22-11-2019 10:48 Bill sent to Congress would turn bureau into independent and autonomous unit, amid fears Kirchnerite figures may intervene in institution after December 10.
Bloomberg Central Bank seen seeking weak peso under Fernández 18-11-2019 12:17 Fernández has promised voters he will revive the economy from its slump. He now intends to make the Central Bank a centrepiece for that strategy.
Bloomberg Mobile banking app offers way to invest in low-risk mutual funds 14-11-2019 18:25 As Argentines seek to maintain the value of their savings amid capital controls and 50 percent annual inflation, the Ualá app believes it may have the answer...
ECONOMIC INDICATORS Inflation in October hit 3.3%, reports INDEC 14-11-2019 16:38 Prices have risen by 40.2% since turn of the year and by 50.5% over last 12 months, according to official data.
Bloomberg Macri extends olive branch to Fernández over economy 28-10-2019 14:40 At a meeting Monday morning, the two discussed plans to steer the nation out of the looming economic crisis.
Election 2019 Fernández meets Macri at Casa Rosada as transition of power begins 28-10-2019 12:04 Incoming president Alberto Fernández and outgoing president Mauricio Macri met this morning in the wake of Sunday night's election to plan the handover and discuss tension in the markets.
ALBERTO IN OFFICE Debt relief, social pact key aspects of Alberto Fernández’s economic plans 26-10-2019 09:10 As much as we know about the Frente de Todos hopeful’s approach, should he win election on Sunday.
Bloomberg On the streets, new IMF is getting same pushback as old one 21-10-2019 13:07 Despite attempts to change its image, the IMF remains controversial in many countries that borrow from it.
ECONOMIC INDICATORS Inflation in September reached 5.9%, the highest figure of the year so far 16-10-2019 16:26 Prices have risen by 37.7% in 2019 so far and by 53.5% over the last 12 months, according to INDEC's CPI index.
ECONOMIC INDICATORS Inflation at 57.3%, economy to shrink 3.1% – IMF revises 2019 forecasts 15-10-2019 13:40 Fund confirms Argentina's economy shrank by 2.5% in 2018 and predicts inflation will hit 39.2% in 2020.
DOLLAR VS. PESO Central Bank survey forecasts 65 pesos per dollar by end of 2019 05-10-2019 10:55 The Central Bank’s REM latest survey of 45 economic consultants and think tanks this week did not detect any new inflationary spiral with the forecast for 2019 remaining constant at 54.9 percent.
ELECTION 2019 Poverty rate casts shadow over Macri's re-election hopes 04-10-2019 12:22 As INDEC reveals 35.4% of Argentines are living in poverty, President Mauricio Macri is struggling to address another problem casting a shadow over his re-election hopes.
BUENOS AIRES Capital controls, sky-high rates crush local housing market 01-10-2019 08:56 The world’s highest interest rates and a currency that has lost 68 percent of its value since the start of 2018 has led to paralysis in Argentina’s real estate market. Home sales with a mortgage have plunged 87 percent in the province and city of Buenos Aires so far this year.
SALARIES Government, firms, unions agree one-off payment for private-sector workers 24-09-2019 09:45 Parties "agree mandatory salary payment of 5,000 pesos for private-sector workers," announces production and labour minister.
ECONOMIC MEASURES Government rises petrol prices in wake of Saudi Arabia attack 18-09-2019 22:27 Four-percent increase in the price of petrol authorised, a month after Macri administration ordered them frozen for 90 days.
BUDGET PROPOSAL Lacunza admits economic results have been 'lower than expected' 16-09-2019 17:35 Addressing Congress, where he was presenting the government's draft 2020 Budget proposal, the new minister put the record down to a "combination of inheritance, miscoordination and external factors."
