Industrial activity demonstrated notable enhancement in June. Data from the statistics institute INDEC, released on Friday, indicates that the sector experienced a month-over-month growth of 0.9%, marking the second consecutive monthly increase, and a year-over-year growth of 2%. The most significant monthly increase was observed in oil refining, chemicals, rubber, and plastic products at 4.4%. … Read more
Argentine Industrial Union President Martín Rappallini responded sharply to Economy Minister Luis Caputo following the minister’s severe critique of domestic industries regarding their product pricing. Rappallini remarked that such comments do not “foster the dialogue so desperately needed” during a period of declining industrial activity. Caputo made the remarks last Wednesday while defending his economic … Read more
Credit served as the primary catalyst for the increase in consumption that Argentina experienced in late 2024 and early 2025. However, beginning in the previous year, that trend experienced a gradual deceleration and ultimately reversed, influenced by fluctuating interest rates and a significant increase in household defaults. Since then, Javier Milei’s government has not experienced … Read more
On Wednesday, Argentina and China announced the extension of a multi-billion-dollar currency swap agreement for an additional five years, according to financial authorities. The 130-billion-yuan (roughly US$19 billion) agreement between Beijing and cash-strapped Buenos Aires has been in effect since 2009. The monetary authority is pursuing enhanced stability in anticipation of the forthcoming 2027 election. … Read more
One of the pillars of Argentina’s economy, consumer spending, has continued to stagnate, which can be explained by the fact that the majority of incomes in the country’s formal economy have not yet returned to their pre-President Javier Milei levels. In its most recent report, Nadín Argañaraz examined the six primary sources of income within … Read more
June was the eighth consecutive year-over-year reduction in investments in Argentina, with a total decline of 7.6% in the first half of 2026 compared to the same period last year. This information is derived from a survey executed by Orlando Ferreres & Asociados. The consulting firm’s Monthly Gross Domestic Investment Index experienced a decline of … Read more
With a 2027 launch in mind, American electric car manufacturer Tesla is making the first significant moves to enter the Argentine market. The company has been registered in Argentina since April, featuring a local address and a country manager responsible for operations in both Argentina and Uruguay, where Tesla vehicles officially commenced sales in July. … Read more
The bookshop capital of the world, Buenos Aires, faces the potential loss of a significant number of its independent bookshops, as cautioned by the Argentine book sector last week. Several book industry chambers, encompassing publishers, distributors, authors, and independent bookshops, have raised concerns regarding the government’s plan to abolish the country’s fixed-price regulation. The initiative … Read more
International Monetary Fund Managing Director Kristalina Georgieva addressed various facets of the Argentine economy during a conference held on Monday, where she was accompanied by Economy Minister Luis Caputo upon her arrival in Buenos Aires. Georgieva acknowledged the challenges confronting the country, yet she conveyed a generally positive perspective, asserting that she “didn’t foresee the … Read more
Argentina’s economy is beginning to exhibit a more organised macroeconomic framework; however, this enhancement has yet to manifest in a definitive rebound within the labour market. Unemployment levels have remained largely unchanged compared to a year ago; however, concerning indicators are emerging, such as the rise in informal employment, which now impacts 44.4 percent of … Read more