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
Fitch Ratings has upgraded Argentina’s credit score, reflecting an increasing confidence in President Javier Milei’s efforts to reform the economy and obtain financing for the nation’s forthcoming debt commitments. The South American nation was upgraded to ‘B-‘ from ‘CCC+’, which is six notches below investment grade, according to a statement released by the ratings firm … Read more
Argentina’s workforce has been evolving over the past two years: a decline in the number of young individuals entering the job market, coupled with an increase in retirees returning to work to supplement their income. The trend, as detailed by the Instituto Argentina Grande in its recent report, is progressing at two distinct speeds. The … Read more
Alejandro Lamas notes that dollar bills can become surprisingly damp and odorous after being tucked away under a mattress for years. He has accumulated numerous stacks from Argentines to whom he has sold used cars over the years, making him somewhat of a connoisseur. Present him with a fake, and he can discern its authenticity … Read more
Generalized layoffs have emerged as a focal point of criticism regarding Javier Milei’s economic program. Since the libertarian economist assumed office with the commitment to eradicate inflation and “chainsaw” what he deemed an excessive state, over 300,000 formal jobs have been eliminated. In two separate speeches this week, the president asserted that his government “created … Read more
There is increasing apprehension in the bond market regarding the potential fatigue of Argentines with President Javier Milei and his ambitious economic reform initiatives. Only six months following the unexpected triumph of Milei’s party in the midterm elections, concerns regarding his future have resurfaced, as recent polls indicate that his approval rating has reached its … Read more
Argentina’s statistics institute INDEC reports that the economy faced its most substantial monthly contraction in February since December 2023. On Wednesday, the government’s statistics agency reported a 2.6% decrease in the Monthly Economic Activity Estimator compared to January. It has reached its lowest point since July 2025. The downturn can be linked to disappointing outcomes … Read more
In February, Argentina’s economy experienced a significant contraction, marking its largest monthly decline since 2023, as both retail and manufacturing sectors face ongoing challenges. Economic activity declined by 2.6 percent from January, significantly underperforming the 0.5 percent decrease projected by source, as reported in government data released on Wednesday. The gross domestic product proxy experienced … Read more
The evident decline in Argentine salaries is a trend that has been in place prior to President Javier Milei’s administration. It is important to highlight that wages experienced a more pronounced decrease during the final year of the Alberto Fernández administration (2023) and the initial years of the libertarian government. A recent report indicates that … Read more