Recent private surveys indicate that consumer spending remains stagnant, raising concerns about the economic recovery that President Javier Milei has been forecasting for the upcoming months. In April, retail sales experienced a decline of 3.2% compared to the same month last year, and a decrease of 1.3% relative to the preceding month, as reported by … Read more
Argentina’s recent credit upgrade is stimulating speculation that the nation may have another opportunity to access international markets following a missed chance in early 2026. According to investors, Fitch Rating’s decision to elevate the country’s credit score to ‘B-‘ may drive spreads back toward the multi-year lows observed in January. President Javier Milei may find … Read more
May 1 represented a significant milestone in South American history, as a segment of the trade agreement between the regional bloc Mercosur and the European Union, which had been under negotiation for more than twenty years, finally came into effect. The agreement represents a significant advancement in enhancing Mercosur’s export capabilities, facilitating Argentina, Brazil, Uruguay, … Read more
President Javier Milei’s administration aims to convey a sense of unity in the face of the political turmoil involving Cabinet Chief Manuel Adorni. In a lengthy Cabinet meeting on Thursday at the Casa Rosada, the President and his sister, influential Presidential Chief-of-Staff Karina Milei, expressed their public support for the official, despite the increasing allegations … Read more
Following seven months of rising monthly inflation, it appears that prices may have finally paused in April, as reported by private consulting firms. According to their estimates, April’s price increase is projected to be between 2.4% and 2.6% month-on-month — marking the first monthly slowdown in 11 months. Statistics institute INDEC will release official figures … Read more
Billionaire businessman Paolo Rocca is set to resign from his position as CEO of Tenaris SA, the Techint Group entity focused on the production of steel pipes for the oil sector. The company has announced that the Italo-Argentine billionaire will be succeeded by the current chief operating officer Gabriel Podskubka, marking the group’s most substantial … Read more
The exponential growth of the unconventional oil fields in Vaca Muerta, Neuquén, stands out as one of the most significant economic developments during the Milei presidency. The data presents a compelling case, especially within the oil sector. In the first quarter of 2026, the sector experienced a year-over-year growth of 16.2%, as reported by the … Read more
In March, the Argentine industry exhibited a notable recovery, marking its first year-over-year increase in nine months, with a rise of 5%. According to the Industrial Production Index published on Thursday by the statistics institute INDEC, activity experienced an increase of 3.2% relative to the preceding month. This favorable data mitigated the declines that Argentina’s … Read more
President Javier Milei’s administration has significantly reduced inflation — from 211% annually in 2023 to 31% in 2025 — and achieved two consecutive years of fiscal surplus, a feat not accomplished in Argentina since the initial Kirchner administration nearly two decades prior. However, his popularity has been declining for several months. The decline cannot be … Read more
The government of President Javier Milei garnered renewed backing from the United States at the end of April, attributed to an enhancement in Argentina’s intellectual property ratings. In a recent acknowledgment of the strengthening relationship between Washington and Buenos Aires, the Office of the United States Trade Representative elevated Argentina’s rating in its annual assessment … Read more