Argentina’s luxury boom hides mass despair

Different segments of Argentina have different consumer habits. The housing market is experiencing robust growth in Javier Milei’s Argentina. Automobiles are rapidly being sold, and prominent airlines are increasing their flight offerings to Buenos Aires in response to the rising demand for travel. Yet restaurants are increasingly vacant, hotels are at best operating at fifty … Read more

Milei accuses banks and establishment for currency run

Argentina’s government blames local banks, big industry, and the establishment for the third currency run of its administration. Milei sees it as a political attack on his economic plan. Heidentifies his scapegoats for the turbulent conditions affecting monetary markets at the end of the month. In addition to the well-known “Kukas” (which are relatively straightforward … Read more

Can Energy and Mining Really Rescue Argentina?

President Javier Milei’s economic programme is fundamentally anchored in the expectation that Argentina will significantly enhance its export capacity in the years ahead. However, projections tend to perform more effectively in theory than in practice. It is not uncommon for a nation, such as Argentina, to focus solely on its internal affairs, seemingly oblivious to … Read more

July inflation in Argentina reaches 1.9%

In July, Argentina experienced a monthly inflation rate of 1.9%, as reported by the INDEC statistics bureau on Tuesday. It marks the second consecutive month of increase in the Consumer Price Index (CPI) following June’s rate of 1.6%. Inflation experienced a variation of 17.3% over the initial seven months of 2025, alongside a year-on-year increase … Read more

SME retail sales fell 5.7% in July

The Argentine Chamber of Medium-sized Enterprises reported 2% retail sales decline and flat consumption due to declines in most sectors and lower margins.  In July, small and medium-sized retail sales experienced a decline of 2% compared to the same month in the previous year, as reported by the Argentine Confederation of Medium-Sized Enterprises (CAME). In … Read more

US Dollar - Argentina Peso

Experts say Argentina’s dollar thirst could lead to illegal funds

Following Economy Minister Luis Caputo’s call for Argentines to withdraw their dollars and “remonetise” the economy without answering questions, experts worry about legal and tax consequences. Argentina’s government is implementing new deregulatory measures that will enable individuals to utilize US dollars held outside the banking system without the need to disclose the source of these … Read more

Milei vows to ban deficit budgets: ‘Even if they say I’m cruel’

Argentine President Javier Milei has declared his intention to submit a bill to Congress that would prohibit the approval of national budgets featuring fiscal deficits. The leader announced his intention to “wall” his austerity measures during a nationwide radio and TV broadcast on Friday night, coinciding with his veto of recently passed Congressional laws aimed … Read more

Milei’s free-market reforms disappoint Argentine farmers

Twenty months into President Javier Milei’s tenure, during which he promised to spearhead a free-market revolution in the so-called sick man of South America, the agricultural sector is encouraging him to advance his agenda further. This encompasses Rubén Artigues and his orchards located in the La Buena Moza region, situated two hours northwest of the … Read more

YPF CEO says Vaca Muerta shale drilling will slow

Vaca Muerta shale oil-drilling will slow as companies cut spending. Oil-drilling activity in Argentina’s Vaca Muerta shale patch is anticipated to decline in the short term as firms curtail expenditures, according to the chief executive officer of the region’s largest crude producer YPF SA. “We might have to pull out a couple of fracking crews,” … Read more

Reducing withholdings could boost rural production by US$28.8 billion in 10 years

A study conducted by the Rosario Stock Exchange (BCR) projected that the reduction in withholdings announced by President Javier Milei last week, along with the elimination of the exchange rate gap since April, will lead to an increase in production in the Argentine countryside by approximately 13 million tons. In a decade, this would result … Read more