The Argentine Chamber of Medium-sized Enterprises reported 2% retail sales decline and flat consumption due to declines in most sectors and lower margins. In July, small and medium-sized retail sales experienced a decline of 2% compared to the same month in the previous year, as reported by the Argentine Confederation of Medium-Sized Enterprises (CAME). In … Read more
The recently published staff report on Argentina from the International Monetary Fund (IMF) indicates that the national administration under President Javier Milei is dedicated to implementing extensive reductions in social policies and altering the methodology used to calculate inflation. Last week, the lender of last resort sanctioned a US$2 billion disbursement to the country, as … Read more
In June, Argentina experienced a 1.6% increase in consumer prices, reflecting a positive outcome for President Javier Milei’s economic programme. According to the official figures released on Monday by the national statistics agency INDEC, the annual inflation rate stands at 39.4%, with a notable increase of 15.1% in prices during the first half of the … Read more
Inflation on the Rise: Housing, Transport, and Financial Services Push Costs Higher In June, monthly inflation in Buenos Aires increased to 2.1 percent, as reported by the official statistics bureau of City Hall. The figure reflects a half-point decrease from the previous month, during which consumer prices experienced a rise of 1.6 percent. In April, … Read more
Argentina’s wholesale inflation has reached its lowest level since 2020. Wholesale prices experienced a decline in May, marking the first decrease since the peak of the pandemic. Argentine President Javier Milei achieved another economic milestone Tuesday as data revealed a decline in wholesale prices in May, marking the first decrease since the peak of the pandemic. … Read more
In the first quarter of 2025, Argentina experienced an increase in unemployment, reaching 7.9 percent, as reported by the INDEC national statistics bureau. This figure indicates a rise of 1.5 points relative to the 6.4 percent noted during the October-December 2024 timeframe. It experienced an increase relative to the January-March quarter of 2024, albeit by a … Read more
As Argentina approaches its national legislative elections in a matter of months, the government is intensifying its efforts towards a singular objective: the reduction of inflation. However, despite the recent deceleration in consumer prices and wholesale inflation being met with approval, other economic indicators could potentially jeopardize Economy Minister Luis Caputo’s approach. It is important … Read more
Inflation reaches its lowest point since the Covid pandemic, marking a significant achievement for Milei. Argentina’s monthly inflation has decelerated to its lowest point since the peak of the pandemic, marking a significant achievement for President Javier Milei in the lead-up to an important midterm election. In May, consumer prices experienced a 1.5 percent increase compared … Read more
In April, Argentina experienced a more significant deceleration in inflation than anticipated, even in light of a shift in currency policy that market participants had predicted would increase volatility. Consumer prices increased by 2.8 percent from March, falling short of the 3.2 percent median estimate provided by analysts surveyed by Bloomberg. That figure has decreased from … Read more
President Javier Milei has proclaimed his administration as “the best in Argentina’s history” and has assured that inflation will be eradicated by the middle of next year. However, the head of state’s comments – quite audacious, considering the country’s ongoing challenges with rampant inflation – came at a time when unions were intensifying their pressure … Read more