News of official

President taps ex-defence minister Agustín Rossi to lead AFI spy agency

06-06-2022 17:13 President Alberto Fernández has announced that he has chosen ex-defence minister Agustín Rossi to be the new head of Argentina’s intelligence service.

ECONOMIC INDICATORS

Inflation continues to bite as INDEC reveals 6% jump in April

12-05-2022 23:44 Price increases totalled 23.1% in the first quarter, with prices hiked 58% over the last 12 months, according to official data.

ECONOMIC INDICATORS

Economy grew 9.1% year-on-year in February, says INDEC

22-04-2022 00:00 Argentina's economy regained momentum in February, growing at its fastest pace for several months.

ECONOMIC INDICATORS

INDEC reveals prices jumped 6.7% in March

13-04-2022 16:08 Consumer prices in Argentina rose 6.7% in March – the highest monthly rate in nearly six years, official data reveals.

ECONOMIC INDICATORS

Prices jumped 4.7% in February, compounding inflation concerns

18-03-2022 08:13 Inflation over the last 12 months now totals 52.3%, with prices up by 8.8% in just the first two months of the year.

ECONOMIC INDICATORS

Inflation quickens more than expected in new challenge

15-03-2022 21:42 Argentina’s inflation accelerated in February at its fastest pace in nearly a year, surpassing forecasts and challenging the government’s targets for this year.

ECONOMIC INDICATORS

Inflation reached 3.9% in January, lifting annual rate to 50.7%

15-02-2022 22:08 Consumer prices rose 3.9% in January as inflation accelerated for a second straight month, the INDEC national statistics bureau reported on Wednesday.

BLOOMBERG – ANALYSIS

Inflation accelerates for second straight month

15-02-2022 21:55 Argentina’s inflation accelerated for the second consecutive month in January as the Central Bank sped up the pace of its controlled currency devaluations.

IMF DEBT DEAL

IMF risking its reputation with 'disappointing' Argentina deal, says former Fund official

15-02-2022 13:25 Ex-director of IMF's Western Hemisphere Department criticises "weak" and "disappointing" agreement between multilateral lender and Argentina, warning it is likely to go "off-track."

EDUCATION ROW

City education minister accused of ‘giving up’ on school dropouts

21-01-2022 17:32 Soledad Acuña sparks controversy, suggesting that some schoolchildren had been “lost” in wake of pandemic.

ECONOMIC INDICATORS

INDEC: Inflation in Argentina soared to 50.9% in 2021

13-01-2022 17:08 Argentina's consumer price index accelerated in December by 3.8 percent, lifting the country's inflation rate for 2021 to 50.9% – one of the highest rates in the world.

BUDGET FURORE

Government extends 2021 Budget and restructures double severance

31-12-2021 12:35 The extension of the 2021 Budget and the phasing out of double severance were published last Thursday in the Official Gazette, via decrees signed by President Alberto Fernández.

ECONOMIC INDICATORS

Inflation slowed to 2.5% in November, reveals INDEC

14-12-2021 22:56 Price increases slowed from previous month yet have risen 45.4% since January and by 51.2% over the last year, according to official data.

BLOOMBERG

Argentina inflation cools as IMF eyes monetary policy shift

14-12-2021 17:49 Inflation cooled last month as the government’s strategy to tackle persistently high prices becomes a focal point of negotiations with the IMF.

BLOOMBERG

Argentina pitches its weak currency to attract digital nomads

02-12-2021 14:08 To make up for lost tourism, Buenos Aires wants international remote workers to take advantage of favourable exchange rates.

ECONOMIC INDICATORS

INDEC: Inflation reached 3.5% in October

11-11-2021 16:47 National statistics bureau says inflation came in at 3.5% last month, despite imposition of price controls. Prices have increased 52% over the last 12 months, according to official data

FINANCIAL TURBULENCE

Currency turbulence continues: Blue dollar closes at 199

05-11-2021 18:26 In the last three weeks, the 'blue' dollar has soared 15 pesos, widening the gap over the official exchange rate and adding to inflationary pressures.

ECONOMIC INDICATORS

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.

BLOOMBERG

Inflation accelerated more than expected in September

14-10-2021 17:39 Consumer prices in Argentina climbed more than expected last month, prompting President Alberto Fernández to expand unconventional price controls.

BLOOMBERG

JPMorgan expects inflation accelerated in September

06-10-2021 10:21 Prices in Argentina probably rose at a faster pace in September after slowing over the previous five months, economists expect.

Bloomberg

Argentina looks to mutual funds for additional local funding

02-10-2021 08:18 Argentina took a new step on Friday to boost its local financing options in pesos as the midterm elections approach.

ECONOMIC INDICATORS

Inflation slowed to 2.5% in August, but still expected to clear 48% this year

17-09-2021 10:39 Prices have increased 32.3% so far in 2021, according to official data, and by 51.4% over last 12 months.

ECONOMIC INDICATORS

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.

BLOOMBERG

IMF taps Credit Suisse’s Goldfajn for Western Hemisphere role

13-09-2021 15:09 International Monetary Fund taps Ilan Goldfajn, chairman of Credit Suisse Group AG in Brazil and a former Central Bank president in that country, to lead its Western Hemisphere Department.

ECONOMIC INDICATORS

Inflation exceeds government's annual target, just seven months into year

13-08-2021 03:21 Inflation in Argentina slowed for a fourth consecutive month in July, but still rose 3%, above expectations. Prices have risen 29.1% since January, and by 51.8% over the past 12 months.

ECONOMIC INDICATORS

Inflation cools as government slows peso depreciation

12-08-2021 18:49 Inflation in Argentina cooled for the fourth consecutive month in July, as the government tightened its grip on the daily depreciation of the peso.

INTERVIEW

María Apólito: ‘Argentina must export more intellectual property and patents'

17-07-2021 10:55 Argentina's software industry employs around 120,000 people. The government wants to raise that figure to half a million by 2030. Biotechnology and satellites targeted as other areas of high potential, says government’s Knowledge Economy Undersecretary María Apólito.

by Leandro Dario

ECONOMIC INDICATORS

INDEC: Prices have risen by 50.2% over last 12 months

15-07-2021 17:56 Inflation in June reached 3.2%, according to government data, meaning prices have risen by 25.4% in the last six months in Argentina.

BLOOMBERG – ANALYSIS

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.

Bloomberg

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.

POLITICS

Frente de Todos puts on show of ‘unity’ as problems mount

07-05-2021 01:05 President Alberto Fernández hails the strength of his ruling coalition in wake of Supreme Court ruling.

POLITICS

Frente de Todos at odds over future of energy official

01-05-2021 00:16 Rumours sweep through political circles speculating that Economy Minister Martín Guzmán is seeking removal of energy undersecretary. Kirchnerite officials aggressively deny claims that Federico Basualdo has resigned his post.

MARIO MEONI (1965-2021)

Politicians mourns loss of Transport Minister Mario Meoni

29-04-2021 14:23 Meoni, who died in a car crash last Friday evening, laid to rest at a funeral in Junín. President Alberto Fernández mourns loss of “a great man.”

Economy Minister interview

Argentina has 'valuable support' from European nations for IMF debt talks

19-04-2021 13:44 Economy Minister says that Argentina is making "progress" in its debt restructuring talks with the International Monetary Fund and that the country is receiving “valuable support” from European leaders.

ALBERTO IN MEXICO

President arrives in Mexico for talks on business, vaccines

22-02-2021 14:05 Alberto Fernández landed in Mexico City today for an official visit geared towards “strengthening commercial ties” between two countries. President set to meet Mexican counterpart Andrés Manuel López Obrador, billionaire businessman Carlos Slim and visit an AstraZeneca vaccine laboratory.

Coronavirus Pandemic

Two Peruvian top officials resign amid Covid-19 vaccine scandal

15-02-2021 16:15 Public resentment over officials receiving vaccinations — despite there being no date for a wider immunisation drive — has seen at least two government officials resign.