Argentina Cuts Growth Forecast as Inflation and Peso Outlook Shift

The government’s economic estimates for inflation, the dollar-peso exchange rate, and economic activity were the most anticipated in the 2027 budget. First, it should be noted that the economy ministry’s projections are more optimistic than those of market analysts. This disparity is most noticeable when it comes to economic growth, where there is a difference … Read more

Blue Dollar News

Government forecasts 2027 growth of 4% and inflation of 18%

President Javier Milei’s administration anticipates a four percent growth in Argentina’s gross domestic product for the upcoming year, while projecting inflation to hit 18 percent. The Executive unveiled its forecasts on Tuesday, marking a significant moment as the final year of the president’s term approaches. Milei has formally declared his intention to pursue re-election for … Read more

Argentina Inflation Slows to 1.7% in August Under Milei

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

Argentina Economy - Currency

Mileinomics Embraces Keynesian Tactics to Boost the Economy

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

Milei’s charm dims as Argentina’s economic recovery stalls

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

Blue Dollar Updates

Enterprises are falling as July sees further declines in the sector

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

Milei Chainsaw

Milei’s Tax Cuts Put Argentina’s Fiscal Surplus at Risk

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

Javier Milei

Milei claims Argentines are managing despite rising unemployment

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

Blue Dollar Updates

Argentina’s Job Crisis Threatens Milei’s Economic Gains

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

US Dollar

Government loosens dollar-loan rules to fuel real economy

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

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