Following seven months of rising monthly inflation, it appears that prices may have finally paused in April, as reported by private consulting firms. According to their estimates, April’s price increase is projected to be between 2.4% and 2.6% month-on-month — marking the first monthly slowdown in 11 months. Statistics institute INDEC will release official figures … Read more
Argentina’s state-run energy firm YPF SA has decided to maintain petrol prices at the pump for a duration of 45 days, diverging from President Javier Milei’s free-market strategy, as the ongoing conflict in Iran exacerbates inflationary pressures. “We’re going to leave prices approximately constant for 45 days,” stated YPF Chief Executive Officer Horacio Marín. “If … Read more
Bolivia has announced a “energy and social emergency” in response to fuel shortages, escalating inflation, and dwindling dollar reserves. The government is set to implement extraordinary measures for a duration of one year to ensure the stability of fuel supply and stimulate economic activity. The announcement arrives amid increasing economic and social challenges confronting center-right … Read more