News of price war

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.

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. 

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.

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%.

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 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.

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.

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.

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.

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

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.

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.

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%.

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.

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.

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%

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.