BLOOMBERG - ANALYSIS Argentina resorts to unorthodox tools to fight 40% inflation 17-03-2021 13:24 Argentina is once again turning to a combination of unconventional policy tools to curb inflation, which is expected to near 40 percent this year.
ECONOMIC INDICATORS INDEC: Inflation in February hit 3.6% 11-03-2021 17:48 Prices in Argentina have risen by 40.7% over the last 12 months, and by 7.8% in the first two months of 2021, according to government data.
EDITORIAL Menem: A man of his times – and ours 20-02-2021 06:08 Despite his passing, Carlos Menem’s spirit remains very much around, in both the current government and the country as a whole.
PRICE CONTROLS Government to investigate food companies amid price clampdown 17-02-2021 14:28 Production & Development Ministry plans to investigate several food companies for not “increasing production to its highest level of installed capacity” and ensuring proper delivery.
Global pandemic Covid patients asphyxiate as Latin America battles oxygen shortage 08-02-2021 14:55 According to the World Health Organisation, about one in five people with Covid-19 requires oxygen therapy to relieve respiratory distress.
ECONOMIC INDICATORS INDEC reveals inflation reached 36.1% in 2020 14-01-2021 19:44 Argentina registered cumulative inflation of 36.1% in 2020, with product prices rising fast in the final months of the year.
ECONOMIC INDICATORS Inflation reached 3.8% in October, highest monthly rate of year 12-11-2020 17:05 Prices in Argentina have risen by 26.9% since turn of the year, reveals INDEC national statistics bureau.
ECONOMIC INDICATORS INDEC: Inflation 2.8% in September, 22.3% this year so far 14-10-2020 18:22 Consumer prices rose 2.8% in September, with the biggest increases in clothing and footwear and alcoholic beverages and tobacco.
ECONOMIC INDICATORS INDEC says inflation in August reached 2.7% 16-09-2020 18:24 Consumer prices in Argentina increased 2.7% in August and have risen 18.9% since the turn of the year.
ECONOMIC INDICATORS Inflation in Argentina reached 1.9% in July 13-08-2020 17:59 Consumer prices rose 1.9% in July from the previous month. Inflation since the turn of the year now totals 15.8%.
ECONOMIC INDICATORS Hit by Covid-19 lockdown, exports fell 11% in the first half of year 28-07-2020 22:23 In the first six months of 2020, exports reached US$27.388 billion, reveals INDEC national statistics bureau.
ECONOMIC INDICATORS Inflation in June hit 2.2%, reveals INDEC 15-07-2020 18:21 Consumer prices outpaced expectations to rise by 2.2% last month despite the coronavirus lockdown. In the first six months of 2020 inflation totalled 13.6%, with prices up 42.8% over the last year.
BLOOMBERG Puzzling wheat prices raise fears of manipulation in Argentina 08-07-2020 00:34 Farmers in Argentina are worried that wheat price anomalies are a sign the government is starting to meddle in grain markets just months into its four-year term.
ECONOMIC INDICATORS Inflation slowed to 1.5% in April amid nationwide lockdown 15-05-2020 02:18 Consumer prices rose 1.5% in April compared to March, a significant decrease from the previous monthly figure of 3.3%, the INDEC national statistics agency reported.
Oil prices Oil prices go negative. What does that mean? 21-04-2020 07:42 The world is awash in oil, there's little demand for it and we're running out of places to put it.
Drop in demand OPEC sees demand for its crude dropping to lowest in 30 Years 17-04-2020 10:13 OPEC expects demand for its crude will fall to the lowest in three decades as the coronavirus outbreak freezes the global economy, underscoring the urgency of its promised production cuts.
ECONOMIC INDICATORS Inflation in March hit 3.3% amid lockdown, rise in food prices 15-04-2020 18:42 Consumer prices rose faster than expected in March as the country went into a nationwide lockdown to contain the spread of the novel coronavirus.
Bloomberg - Long read Trump’s oil deal: the inside story of how a price war ended 13-04-2020 16:13 After a week-long marathon of calls between world leaders and video conferences featuring dozens of energy ministers, this is how the 2020 oil price war was finally ended.
Food-purchase scandal Government under fire for overpaying on food purchases 07-04-2020 17:12 Social Development Minister Daniel Arroyo asks official responsible for overpaying for foodstuffs to resign, amid fierce criticism from opposition.
Coronavirus pandemic President Fernández extends mandatory quarantine period until April 12 29-03-2020 22:55 Alberto Fernández praises citizens for complying with shutdown, announces "preventative and obligatory" quarantine period for all citizens will be extended until midnight on Sunday, April 12.
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%.
Bloomberg Once deemed safe, Argentina’s oil bonds imperiled by price crash 12-03-2020 14:07 Oil-backed bonds in Argentina's Chubut province, once considered among the nation's safest assets, are being affected by the collapse of oil prices, impending sovereign debt talks and the province's own call for restructuring.
Uncertainty in markets Black Monday: keys to understanding this week's fall in oil prices 09-03-2020 17:21 Trade war between Russia and Saudi Arabia is shaking the oil-dependent countries with prices in the range of US$30 a barrel, while markets are also facing the consequences of the Coronavirus outbreak. by Lorena Rodríguez
Vaca Muerta YPF slows shale exploration due to price controls 09-03-2020 15:55 State-owned oil company will back off from shale exploration as government price controls reduce potential revenue.
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.
DEBT TALKS IMF mission team keeps low profile during time in Argentina 18-02-2020 13:59 Officials from the International Monetary Fund depart Buenos Aires on Wednesday, after meeting with a host of ministers from the Argentine government.
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.
Bloomberg World’s biggest carnivores are turning their backs on beef 03-02-2020 15:08 In Argentina, red meat consumption in the country has fallen to its lowest level in a century due to galloping local inflation. The national meal is a strategic issue for President Alberto Fernández, who is seeking to further cap the price to make beef affordable again.
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.
BBC INTERVIEW Stiglitz: 'Macri bet the house and lenders followed him blindly' 29-01-2020 12:19 Famed economist and mentor to Martín Guzmán offers his take on renegotiation of Argentina's debt, questioning creditors and criticising the Mauricio Macri government.
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.
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%.
ECONOMIC MEASURES Kulfas praises businesses as government re-launches Precios Cuidados 08-01-2020 17:46 Government re-launches price-controls scheme with a list of 310 items, which includes "leading brand" products "at reasonable prices," according to officials.
ECONOMIC CRISIS Dying becomes a luxury as economic downturn hits home 06-01-2020 23:20 The cost of buying, renting and maintaining graves and tombs is so high that many in Argentina are opting to cremate their loved ones instead.
KILLING OF QASSEM SOLEIMANI Oil hits US$70 as Middle East crisis deepens fear of supply disruption 06-01-2020 10:23 Oil extends dramatic surge, surpassing US$70 a barrel in London for the first time since September, as Middle East tensions flare up.
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.
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 in August reached 4%, so far this year prices up 30% 12-09-2019 16:32 Price increases accelerated last month, according to INDEC bureau. Inflation over last 12 months now totals 54.5%
ECONOMIC INDICATORS Macri: Inflation in August will be above three percent 27-08-2019 14:43 "It's going to be three-something in August. It's not good, it's very bad," the president said at an event alongside agricultural producers and farm-owners.
THE COST OF CRISIS Argentines continue to pay the price of economic meltdowns 17-08-2019 11:14 While investors, creditors and businesspeople lament the potential departure of Mauricio Macri, many voters – hit by spiralling inflation and the economic downturn – are nostalgic for the days of Cristina Fernández de Kirchner and her late husband. by Lucas Robinson
ECONOMIC INDICATORS Inflation for July 2.2%, prices up 25.1% in last seven months 15-08-2019 16:17 INDEC data reveals prices have risen by 54.4% over the last 12 months.
ECONOMIC INDICATORS Government boosted as official data shows inflation slowed to 3.4% in April 15-05-2019 17:31 Rate of price increases slows after accelerations in February and March. INDEC reveals prices have risen by 55.8% over last 12 months.