News of prices

A shirt for rice: bartering to survive in inflation-battered Argentina

15-11-2023 11:06 Faced with soaring prices as inflation bites away at purchasing power, ever-increasing numbers of Argentines are turning to bartering to make ends meet.

Inflation hits new high before presidential run-off vote

13-11-2023 19:05 Inflation rate has hit 143%, just days before a presidential run-off election in which the state of the economy will be a deciding factor.

Inflation surges to 138% ahead of presidential election

12-10-2023 16:50 Inflation jumps to its highest level in three decades, underscoring the extent of the economic crisis that will confront the winner of the country’s presidential election.

Inflation hit 12.7% in September, annual rate soars to 138%

12-10-2023 16:16 Argentina's national statistics bureau reports that inflation reached 12.7% in September; Consumer prices have risen by 138.3% over the last 12 months and by more than 103% in just the first nine months of the year, according to government data.

Prices in dollars puts Argentines’ summer vacations in doubt

26-09-2023 15:33 When the sweltering summer arrives, many in Argentina flock to the Atlantic coast for their summer break. But with inflation eating away at spending power and prices now being listed in dollars, 'verano en la costa' is now out of reach for many.

Less beef, more chicken: Argentines adjust diets due to inflation

20-09-2023 09:28 Customers are digging deep inside their pockets to buy beef, a staple of the Argentine diet, due to a surge in prices which guts consumption.

Inflation in August hit 12.4% – highest monthly rate in 32 years

13-09-2023 16:11 Data from INDEC national statistics bureau shows consumer prices soared by more than 12% last month; First monthly figure to accommodate impact of post-PASO devaluation of peso; Inflation over last 12 months reaches 124.4%.

Brazil inflation accelerated in August to 4.61%

12-09-2023 14:54 Brazil’s inflation rate rises for second straight month in the wake of trimming of rates by central bank, but food prices decrease.

In inflation-hit Buenos Aires, tango enthusiasts sway the blues away

06-09-2023 09:36 Many milongas have had to close amid spiralling inflation, but the biting economic crisis cannot keep tango enthusiasts from heading to the capital's dance halls.

Alejandro Werner: ‘Trump would’ve backed Fernández and Biden would’ve Macri’

02-09-2023 06:17 Former Western Hemisphere director for the International Monetary Fund and ex-Mexico government official Alejandro Werner on Argentina’s programme, political backing from Washington and the country’s troubled relationship with the multilateral lender.

by Jorge Fontevecchia

City inflation hit 7.3% in July, prices up nearly 118% in year

07-08-2023 16:50 Between January and July, prices accumulated a rise of 62.3%, according to the City Hall data.

Beef prices to pour more fuel on 116% inflation

07-08-2023 08:28 Decision to temporarily weaken the exchange rate for corn exports — designed to spur shipments abroad — has bumped up domestic feed costs. Now beef prices are set to soar in the coming months.

Spend now, worry later: no point saving in inflation-stricken Argentina

15-06-2023 15:04 Packed restaurants, long lines outside the theatre, concerts that sell out in hours – Argentines with purchasing power are responding with a frenzy of consumption in the face of soaring inflation.

Messi mania in Miami pushes ticket prices up to Taylor Swift levels

15-06-2023 14:02 The cost to see Inter Miami play next month is approaching that of clinching a last-minute ticket for Swift on Friday, and that’s even before the Argentine superstar officially joins Major League Soccer.

Analysts in Argentina forecast 148.9% inflation in 2023

10-06-2023 08:45 Latest Central Bank survey of market expectations produces 148% estimate for inflation in 2023 – a 22-point hike on previous forecast.

Martín Guzmán: ‘Abandoning the currency never did anybody any good’

10-06-2023 06:27 Argentina’s former economy minister on tackling inflation, unifying the exchange rate regime, the IMF debt deal he negotiated and what happens after the October election.

by Jorge Fontevecchia

Carlos Heller: ‘Lowering inflation is a must, otherwise no success is possible’

20-05-2023 07:00 Banco Credicoop banker and national deputy Carlos Heller on the never-ending battle against inflation, its causes and the impact of the drought on Argentina’s economy.

by Jorge Fontevecchia

April showers bring no May flowers

20-05-2023 07:00 There can be no doubt that inflation is public enemy number one.

Food leads price surges as experts forecast 126% inflation rate

12-05-2023 10:42 Latest Central Bank survey estimates a 7.5% jump in prices for last month and a 126.4% annual increase; Argentina suffered second-highest jump in food costs over past year, according to World Bank.

Massa rejects devaluation speculation as peso sinks

22-04-2023 08:13 Revealing WhatsApp message from Economy Minister Sergio Massa denies market speculation about president's imminent resignation and potential currency devaluation.