Argentina’s economy contracted for a second consecutive month in May, highlighting a pattern of inconsistent growth as President Javier Milei’s term progresses beyond the halfway mark. Economic activity declined by 0.5 percent from April, falling short of the 0.2 percent increase projected by analysts, as reported by government data released on Wednesday. From a year … Read more
President Javier Milei has invited Kristalina Georgieva, Managing Director of the International Monetary Fund, to visit Argentina at the end of the month. The announcement follows an IMF report that upholds its economic growth forecasts for the country, coinciding with the appointment of an Argentine economist as the fund’s new chief economist. Economy Minister Luis … Read more
Argentina’s economy contracted in April following a brief recovery in the preceding month, highlighting a pattern of inconsistent growth as President Javier Milei’s term progresses beyond the halfway mark. Economic activity declined by 1.5 percent from March, falling short of the one percent decrease projected by economists, as reported by government data released on Monday. … Read more
The International Monetary Fund emphasised the advancements achieved by the Milei administration in terms of economic stabilisation, decreasing inflation rates, and increasing reserves. The fund indicated that the decision for Argentina to return to international debt markets rests with the country’s own authorities. The message was delivered by Julie Kozak, the director of the IMF’s … Read more
Economy Minister Luis Caputo announced on Monday that, in April, Argentina recorded a primary surplus of AR$632 billion and a financial surplus of AR$268 billion. The minister also reported the accumulated fiscal surplus for the initial four months of 2026. “In the first four months of the year, the [country] accumulated a primary surplus of … Read more
Argentina’s statistics institute INDEC reports that the economy faced its most substantial monthly contraction in February since December 2023. On Wednesday, the government’s statistics agency reported a 2.6% decrease in the Monthly Economic Activity Estimator compared to January. It has reached its lowest point since July 2025. The downturn can be linked to disappointing outcomes … Read more
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
Argentina’s economy experienced a contraction for the second consecutive month in November, following a midterm election that triggered a significant market sell-off. The INDEC national statistics bureau reported on Wednesday that economic activity decreased by 0.3 percent from October, following a 0.4 percent decline in the previous month. Economic activity contracted by 0.3 percent relative … Read more
The INDEC, provided an explanation of its methodology for calculating economic activity figures for September, revealing growth despite widespread expectations among economists of an impending recession. Source indicated that the rise was primarily attributable to a statistical correction stemming from its seasonal adjustment methodologies and the robust performance of the financing sector. The incorporation of … Read more
In June, Argentina’s economy experienced a contraction for the fourth consecutive month this year, occurring just prior to a significant increase in interest rates in July. This development represents a minor setback for President Javier Milei as the nation approaches midterm elections in October. Economic activity declined by 0.7 percent from May, falling short of … Read more