The winter cold snap and the conflict in the Middle East have converged to produce a dire situation for Argentine industry. As residential gas demand escalates and import prices increase, numerous companies confront the possibility of halting operations, raising alarms throughout the manufacturing sector, as reported. Most small and medium-sized manufacturers that depend on gas … Read more
After lying dormant through the first half of the year, the dollar — that great Argentine obsession — experienced a resurgence in June, climbing more than 5% over the month to reach its highest level since October 2025. On June 30, the U.S. currency appreciated to 1,482 pesos in the wholesale market — the segment … Read more
The utility-rate adjustment implemented by Javier Milei’s government has significantly diminished the purchasing power of lower-income households, thereby hindering the recovery in domestic consumption — and consequently, in economic activity. Utilities have experienced a significant increase, surpassing the average inflation rate since Milei assumed office. The Interdisciplinary Institute of Political Economy has projected that from … Read more
Argentina’s economy contracted in April following a brief recovery in the preceding month, highlighting a pattern of inconsistent growth as President Javier Milei’s term progresses beyond the halfway mark. Economic activity declined by 1.5 percent from March, falling short of the one percent decrease projected by economists, as reported by government data released on Monday. … Read more
The government of Argentina has permitted companies lacking export revenues to secure loans in dollars. The objective is to capitalise on the influx of funds in United States currency that have recently entered the banking system, primarily due to government initiatives aimed at persuading Argentines to convert their hidden dollar savings into the formal economy. … Read more
The International Monetary Fund emphasised the advancements achieved by the Milei administration in terms of economic stabilisation, decreasing inflation rates, and increasing reserves. The fund indicated that the decision for Argentina to return to international debt markets rests with the country’s own authorities. The message was delivered by Julie Kozak, the director of the IMF’s … Read more
Argentina’s government has sanctioned up to US$5 billion in new dollar-denominated borrowing as the nation seeks to obtain funding supported by multilateral institutions in anticipation of forthcoming debt obligations. The decree, signed by President Javier Milei and Cabinet members, establishes a legal framework for future financing transactions, with contracts governed by New York law and … Read more
Private consumption persisted in its downward trajectory in May, contracting by 0.3% month-on-month and 2.2% year-on-year, marking the sixth consecutive annual decline, as reported. In the first five months of 2026, the total decrease was 1.8%. In this context, supermarkets and wholesale retailers have identified inadequate demand as the primary obstacle to expanding their operations, … Read more
President Javier Milei anticipates that substantial investments in energy and mining will not only redefine the nation’s productive and export landscape but also alter the living conditions of millions of Argentines. Deregulation and State Transformation Minister Federico Sturzenegger, a cabinet member closely aligned with the president’s economic ideas, has articulated this ambition most clearly. Sturzenegger … Read more
Argentina’s mining exports reached a record level in the initial four months of 2026, propelled by increasing demand for lithium, gold, and silver from the United States, China, and Switzerland. The figures were disclosed by the Mining Secretariat in its monthly report on the sector, subsequently shared by Economy Minister Luis Caputo on Friday and … Read more