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 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.
POLITICS Elizabeth Gómez Alcorta resigns from government, slams 'serious' human rights violations 07-10-2022 10:20 Elizabeth Gómez Alcorta, head of Women, Gender and Diversity portfolio, resigns from government, criticising “serious” violations against Mapuche women in recent security operation.
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%.
MONEY MARKETS Introduction of ‘soy dollar’ leaves Argentina with seven exchange rates 06-09-2022 15:40 New 'soy dollar' rate, designed to boost exports and boost Central Bank reserves, unveiled by Economy Minister Sergio Massa; Following its arrival, there are now seven other exchange rates already operating in Argentina.
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.
RUNAWAY PRICE HIKES Analysts estimate inflation could surpass 90% this year 10-08-2022 23:09 Annual inflation moves ever closer to three digits amid widespread changes at Argentina’s Economy Ministry.
Bloomberg Argentina Economy Minister says she has strong political support 27-07-2022 15:55 New Economy Minister for Argentina Silvina Batakis tells Washington reporters she will stabilise economy, claiming strong political support from the government.
Bloomberg Argentina’s black-market peso hits record as crisis mounts 20-07-2022 15:31 The unofficial Argentine peso has dropped to a historic low this Tuesday, which has exacerbated the crisis provoked by the resignation of former Economy minister Martín Guzmán earlier this month.
ECONOMIC CRISIS Inflation hits 64% year-on-year, analysts fear worse yet to come 14-07-2022 19:05 No respite from price hikes in Argentina: Inflation hit 5.3% in June, increases totalled 36.2% in first half of this year.
BLOOMBERG - ANALYSIS Inflation hit 30-year high ahead of Guzmán's exit 14-07-2022 18:11 Consumer prices in Argentina rose at the fastest pace in more than three decades in June, with worse expected after the economy minister quit this month.
BLOOMBERG Overnight 20% price jump supercharges inflation crisis 08-07-2022 11:15 Before the peso plunges even further and before retailers can jack up prices further, Argentines are rushing out to buy their essentials as soon as possible.
POLITICS 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.