News of prices

Priciest food since 1970s is a big challenge for governments

15-09-2021 10:41 Governments across the world know that rising food costs can come with a political price. The dilemma is whether they can do enough to prevent having to pay it.

Bloomberg

Argentines hedge against yet another inflation spiral

15-06-2021 17:46 Amount of money placed in mutual funds that invest in inflation-linked debt in Argentina has leaped 40% in just 30 days, far outstripping any other type of fund.

Cryptocurrencies

A crypto-revolution in Argentina

12-06-2021 00:17 Argentina’s economy is prime breeding ground for the crypto-world. And the populist promise of cheap energy here is a crypto-miner’s dream.

by Agustino Fontevecchia

AGRICULTURE

Commodities boom swells Central Bank reserves to nine-month high

03-06-2021 20:13 This year, exports have brought in US$13.3 billion so far – the highest level in 18 years for this time of the season.

Bloomberg

Argentina’s Central Bank move raises concern of higher inflation

28-05-2021 16:22 A measure allowing Argentina’s commercial banks to move part of their reserve requirements from Central Bank notes to treasury bonds is raising concerns about inflation and the financial system’s health.

CRYPTOCURRENCIES

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.

SUPPLY LINES

Beef-export ban to stoke steak prices worldwide

21-05-2021 13:31 Argentina’s unorthodox beef-export ban is the latest disruption to supply chains that is forcing consumers to pay higher prices for meat.

Bloomberg

Provinces prep inflation-linked bonds forbidden by law

21-05-2021 11:57 Provincial governments, desperate for financing and excluded from international debt markets after defaulting on payments of US$13 billion, are looking for new ways to raise funds in the local bond market.

AGRICULTURE

Argentina set to boost coffers amid rebound in commodity prices

19-05-2021 10:06 With soy and maize reaching peaks in Chicago, Argentina could also look forward to record earnings of almost US$3.2 billion from a promising wheat harvest, according to a new report.

Bloomberg

Top Argentine gas shipper to face frozen rates for another year

12-05-2021 15:22 Argentina's largest natural gas transporter faces another year of frozen rates, which is eroding its profits, according to the company.

MINING IN CHILE

Copper bonanza challenge for top producer Chile

04-05-2021 09:00 As the global economy starts to shake off the impacts of the Covid-19 epidemic and makers of electric cars and renewable energy systems clamour for copper, Chile stands to gain handsomely. But political uncertainties in the South American nation have some worried.

PRICE RISES

Argentina can’t overcome its chronic inflation issue

24-04-2021 01:41 In the first three months of 2021, price rises showed no sign of slowing down. As well as being cause for concern for the government, businesses and citizens are feeling the pinch.

ECONOMIC INDICATORS

Argentina records highest inflation rate in 18 months: 4.8%

15-04-2021 17:35 Inflation in March reached 4.8% – the highest figure since September 2019. Prices have jumped 12.4% in first three months of year, 42.6% over last 12 months.

ECONOMIC INDICATORS

Inflation data casts shadow over government’s target

13-03-2021 09:07 Price increases slowed slightly in February from previous month, but Alberto Fernández administration’s 2021 target of 29% already looks out of reach.

THE WEEK

What we learned this week: February 13 to 20

20-02-2021 08:27 The stories that caught our eye over the last seven days in Argentina.

AS I SEE IT

Here we go again

13-02-2021 08:47 Meaningful reform will remain on the backburner until the votes have been counted.

by James Neilson

ECONOMIC INDICATORS

Inflation continues to rise: Prices were up 4% in January

12-02-2021 01:00 INDEC national statistics bureau says prices rose by 4% in January, equal to December's rate.

AGRO TENSIONS

Amid tension, Farming groups call three-day halt to grain trading

09-01-2021 07:37 Three-day stoppage next week called by three of four main agricultural groups to protest suspension of maize exports.

Bloomberg

Argentine soy workers reach deal on wage hike, ending strike

30-12-2020 13:43 Soybean workers reached an agreement on wage talks, ending a strike that had snarled shipments and fuelled a surge in Chicago futures.

FOOD PRICES

UN: World food prices jump to six-year high

03-12-2020 19:26 Global food commodity prices rose sharply in November to their highest level in nearly six years, the UN food agency said Thursday, due in part to adverse weather conditions.

TRAFFIC & TRANSPORT

Subte fares to rise from next week, highway tolls could more than double

17-11-2020 17:54 Subway fares will rise from 19 to 21 pesos as from next Wednesday while a 55% for highway tolls as from the start of next year has been proposed, subject to approval in a public hearing.

BLOOMBERG

Argentina hikes rates after prices surge past expectations

12-11-2020 23:56 Central Bank hikes interest rates after October inflation report showed consumer prices surged at the fastest pace this year.

EMERGENCY DECREE

Government freezes TV, Internet and mobile phone prices until 2021

21-08-2020 22:59 The government announced late Friday that is extending a price freeze for TV, Internet and mobile service until the end of the year, deeming them “essential public services.”

ECONOMIC INDICATORS

Inflation reached 1.5% in May, second straight month under 2%

12-06-2020 01:20 Inflation rate for the last 12 months now totals 43.4%, with a rise of 11.1 percent recorded in the first five months of the year so far.

THE ‘BARRIL CRIOLLO’

What is Argentina's US$45 'barril criollo' and how will affect local producers?

23-05-2020 09:31 Artificially fixed reference price for barril criollo imposed in move to defend jobs and output levels, with an eye keenly trained on Vaca Muerta shale.

OIL PRICES

Petrol prices to stay up to preserve Vaca Muerta, says CECHA president

25-04-2020 12:02 CECHA President Gabriel Bornoroni says he doesn’t believe petrol prices will fall, despite international slump.

by Mirta Fernandez

Coronavirus pandemic

Fernández freezes rent prices, mortgage payments by decree

30-03-2020 16:44 Decree freezes price of rent and UVA mortgage payments for next three months, bans all foreclosures and evictions until September 30 without recourse to legal action.

OPINION AND ANALYSIS

The oil shock of 2020 appears to be here – and the pain could be wide and deep

16-03-2020 10:53 The world is again undergoing an oil shock. This is a big deal, not only for the global economy, but for geopolitics, the future of transport and efforts to mitigate climate change.

VIRUS outbreak

Fed cuts half point in emergency move in reaction to Coronavirus

03-03-2020 14:54 US Federal Reserve announces emergency rate cut, responding to the growing economic risk posed by the coronavirus epidemic and giving President Trump the stimulus he has called for.

'TARIFAS'

Government likely to increase utility rates in June, says Cafiero

20-02-2020 16:16 Government will unfreeze public services rates starting from June, but increases will only hit “the sectors that can support them,” says Cabinet chief.

BLOOMBERG - LONG READ

Venezuelan emigrants return as Maduro embraces capitalism

07-02-2020 15:18 After leading his country’s economy over a cliff, President Nicolas Maduro has brought it a certain measure of stability. By allowing dollars to flow freely and private enterprise to flourish in recent months, he seems to have breathed new life into his regime.

FUEL PRICES

Government extends fuel price freeze until end of February

30-01-2020 13:38 Fernández administration to retain restrictions until the end of February in order to curb inflation.

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.

PRICE RISES

Prices to rise 7% on average as IVA restored to basic food items

02-01-2020 18:13 Milk will not rise, however. Some basic food items have been exempt from IVA since Mauricio Macri scrapped the taxation last August, following his catastrophic results in the PASO primary to Alberto Fernández.

PROTESTS IN ECUADOR

Ecuador's president agrees deal with indigenous to end protests

14-10-2019 11:58 Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.

ECUADOR IN CRISIS

Clashes at protests in Ecuador over fuel price hike, oil facilities seized

08-10-2019 09:26 President Lenín Moreno accuses predecessor and ex-ally Rafael Correa and Venezuelan leader Nicolás Maduro of an "attempted coup d'état." Government business temporarily moved to the port city of Guayaquil.

PROTESTS

Ecuador's declares state of emergency after clashes over fuel prices

04-10-2019 09:17 Clashes broke out between protesters and police in Ecuador after President Lenín Moreno declared a state of emergency Thursday following demonstrations against rising fuel prices due to the government scrapping subsidies. Moreno's measure allow the government to restrict movement, to employ the Armed Forces to maintain order and to censor the press.

News of prices

Priciest food since 1970s is a big challenge for governments

Argentines hedge against yet another inflation spiral

A crypto-revolution in Argentina

Commodities boom swells Central Bank reserves to nine-month high

Argentina’s Central Bank move raises concern of higher inflation

Central Bank warns citizens of risks of cryptocurrencies

Beef-export ban to stoke steak prices worldwide

Provinces prep inflation-linked bonds forbidden by law

Argentina set to boost coffers amid rebound in commodity prices

Top Argentine gas shipper to face frozen rates for another year

Copper bonanza challenge for top producer Chile

Argentina can’t overcome its chronic inflation issue

Argentina records highest inflation rate in 18 months: 4.8%

Inflation data casts shadow over government’s target

What we learned this week: February 13 to 20

Here we go again

Inflation continues to rise: Prices were up 4% in January

Amid tension, Farming groups call three-day halt to grain trading

Argentine soy workers reach deal on wage hike, ending strike

UN: World food prices jump to six-year high

Subte fares to rise from next week, highway tolls could more than double

Argentina hikes rates after prices surge past expectations

Government freezes TV, Internet and mobile phone prices until 2021

Inflation reached 1.5% in May, second straight month under 2%

What is Argentina's US$45 'barril criollo' and how will affect local producers?

Petrol prices to stay up to preserve Vaca Muerta, says CECHA president

Fernández freezes rent prices, mortgage payments by decree

The oil shock of 2020 appears to be here – and the pain could be wide and deep

Fed cuts half point in emergency move in reaction to Coronavirus

Government likely to increase utility rates in June, says Cafiero

Venezuelan emigrants return as Maduro embraces capitalism

Government extends fuel price freeze until end of February

53.8%: Argentina posts the highest inflation rate in 28 years

Kulfas praises businesses as government re-launches Precios Cuidados

Prices to rise 7% on average as IVA restored to basic food items

Ecuador's president agrees deal with indigenous to end protests

Clashes at protests in Ecuador over fuel price hike, oil facilities seized

Ecuador's declares state of emergency after clashes over fuel prices

Government unveils plan to ease Covid restrictions, reopen borders

Argentina retains quarantine for citizens who travel overseas for work

Unemployment dropped slightly to 10.2% in first quarter

OECD lowers global growth forecast, but improves Argentina's to 7.6%

Pope Francis scotches resignation talk, plans more foreign trips

Los errores ortográficos de Macri que se volvieron virales

El fuerte cruce entre Pablo Duggan y López Murphy: "Duraste 15 días como ministro de Economía"

Cecilia Moreau marca diferencias con Juan Manzur y cuenta que le perdió el respeto a Fernanda Vallejos

Quién era Gabby Petito, la joven youtuber encontrada muerta que conmocionó a Estados Unidos

Carlos Melconian apuntó a la "onda bonaerense" de Kicillof: "Es económicamente insostenible"