Economic Activity Sees Largest Drop Since 2023

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

President Javier Milei

AmCham 2026: Winners and Losers of Argentina’s Economy

On Tuesday, the United States Chamber of Commerce in Argentina (AmCham Argentina) held a summit in Buenos Aires, bringing together politicians and prominent business leaders. In her opening speech, María Schoua stated that agriculture “accounts for more than half of Argentina’s exports,” emphasized the country’s potential to become a global energy “supplier,” and noted that … Read more

YPF service station

Inflation Surges Amid Energy Shock

In March, Argentina experienced a greater-than-anticipated increase in inflation, driven by a significant rise in fuel prices due to the Iran conflict and a notable surge in education expenses resulting from annual tuition adjustments. Consumer prices increased by 3.4 percent last month relative to February, surpassing the three percent median forecast of economists. Inflation has … Read more

Javier Milei

Javier Milei Confronts Growing Public Discontent Amid Economic Hopes

President Javier Milei has seen a complete erosion of the gains he achieved in opinion polls following his victory in the October midterm elections last year. His approval ratings have reached their nadir since he assumed leadership of Argentina in December 2023. However, this is not inherently a cause for significant concern while in office. … Read more

Blue Dollar

Milei touts ‘record consumption,’ but analysts see it differently

After the INDEC, the official statistics agency, released data indicating a 7.9% interannual growth in private consumption in 2025, government leaders rejoiced. Some private consulting firms, however, are presenting an other narrative. According to Scentia, mass consumption decreased by 2.1% in the first two months of 2026 and by 3.4% in February. According to a … Read more

Milei acknowledges tough times and urges Argentines to stay patient

President Javier Milei stated that Argentina is “much better than in 2023,” the year he ascended to power. However, he acknowledged that in recent months there has been a decline in economic activity coupled with rising inflation, and he requested additional patience for the success of his economic program. In a recent assault on the … Read more

Blue Dollar News

Milei and Caputo Brace for March Inflation Report

In March, inflation in Argentina is once again nearing the three-percent threshold, as reported by prominent consultancy firms, indicating a lack of the desired deceleration sought by President Javier Milei’s administration. Private consultancy firms agree that the monthly rate is expected to stabilize around three percent, driven by rising costs in food, fuel, and utility … Read more

Blue Dollar Updates

Inflation Rises to 2.9% Following Statistics Agency Controversy

In January, Argentina’s inflation rate increased to 2.9%, as reported by the government’s statistics agency, INDEC. This release came one week following the resignation of the bureau’s head, which was prompted by a disagreement regarding the measurement methodology. Prices rose by 32.4% on an annual basis, with the food and non-alcoholic beverages sector experiencing the … Read more

Blue Dollar Updates

INDEC Chief Resigns Amid Inflation Index Controversy

Marco Lavagna unexpectedly stepped down from his position as director of Argentina’s statistics institute INDEC on Monday. The announcement arrives a mere eight days prior to the institute’s scheduled release of January’s inflation data, which, according to INDEC officials, is derived from a formula designed to more accurately represent purchasing power. Nevertheless, shortly after Lavagna’s … Read more

Business chamber reports 2.5% rise in consumption last year

Consumption in Argentina exhibited improvement last year, although it experienced a deceleration in November and December, according to a recent report. Data indicates that consumption increased by 2.5 percent in 2025 relative to the prior year, even as it experienced a decline in December for the second consecutive month. The Consumption Indicator compiled by CAC … Read more