In August, inflation in Argentina fell to 1.7%, according to the report released on Thursday by the National Institute of Statistics and Censuses. This figure indicates a deceleration from the 2.1% noted in July. It marks the second occurrence in 2026 where the inflation rate has fallen beneath the 2% threshold. It signifies the lowest … Read more
Javier Milei’s administration has unveiled a set of initiatives in recent days designed to stimulate domestic demand and, in turn, an economy that struggles to gain momentum. The libertarian administration has expanded dollar bank lending to encompass a wider range of companies, not limited to exporters. Concurrently, reports from the Labour Secretariat indicate that it … Read more
President Javier Milei’s initiatives to rejuvenate Argentina’s economy, following years of stagnation, are encountering diminishing momentum, presenting additional political challenges as the nation approaches next year’s election. Economists have revised their growth projections for this year down to 2.7 percent, a decrease from the 3.5 percent anticipated last December. It falls short of the five … Read more
One of the industries most severely impacted since President Javier Milei assumed office, the manufacturing sector is continuing to fall. Research firm Orlando Ferreres & Asociados reports that industrial activity in July experienced a decline of 0.4%. This decline has accelerated over the first seven months of the year, with activity now 2% below the … Read more
During the campaign trail for the 2023 presidential elections, Javier Milei identified tax reductions and inflation control as pivotal components of his electoral platform. On multiple occasions, he referred to taxes as a “robbery” that the state imposes on its citizens. For the majority, he has upheld that commitment. A recent survey by the Argentine … Read more
President Javier Milei reappeared after several days without a public appearance, delivering an effusive speech in which he dismissed concerns over rising unemployment, falling wages and companies closing during his administration. “Let’s see the kind of stupid things people repeat every day, like ‘people can’t make ends meet,’ or ‘technologic progress destroys jobs’?” he said … Read more
President Javier Milei has successfully reduced inflation and poverty levels in Argentina, while also eradicating the budget deficit. However, the nation’s labour market remains entrenched in the crisis that he was elected to address. For a second consecutive year, the South American economy is experiencing growth; however, there is a decline in employment within the … Read more
Three years into Javier Milei’s presidency, a significant portion of the Argentine economy continues to lag behind the levels of activity and consumption observed prior to his arrival at the Casa Rosada, a situation that appears to be causing concern within the economic team. Even so, the government has consistently rejected the notion of the … Read more
Argentina’s Central Bank is relaxing enduring limitations on dollar lending, permitting banks to provide foreign-currency credit to firms generating revenue in pesos, as President Javier Milei’s administration aims to enhance credit availability and stimulate economic activity. The measure will enable banks to extend loans amounting to 15 percent of their dollar deposits, which currently total … Read more
President Javier Milei’s administration is beginning to transition from an exclusive emphasis on combating inflation to a more nuanced approach, as growth, employment, and his approval ratings face challenges in gaining momentum. Argentina’s Central Bank permitted the currency to depreciate over the past three months, while the nation’s Treasury is facilitating increased liquidity in the … Read more
