Blue Dollar News

Argentina’s economy surged 4.4% in 2025

According to a report, Argentina’s economy experienced a growth of 4.4% in 2025. The rise was primarily propelled by two sectors: agriculture and financial intermediation. In comparison to December 2024, eleven sectors of economic activity experienced growth, while four sectors saw a decline. The economy experienced a growth of 3.5% in December relative to the … Read more

Economy Surges Beyond Expectations Post-Midterm Election

Argentina’s economy experienced growth exceeding expectations in December, attributed in part to a record wheat harvest that mitigated the repercussions of a significant midterm election. Economic growth increased by 1.8 percent in December relative to November, as reported on Tuesday, following a contraction of 0.3 percent in November for South America’s second-largest economy. Compared to … Read more

Blue Dollar Updates

Tire Maker Shutdown Sparks Alarm in Argentina

The recent closure of Fate, an 86-year-old tire manufacturer with a workforce exceeding 900, exemplifies a broader trend in Argentina’s economic landscape. Official figures indicate that manufacturing facilities in the country are operating at merely 50% of their potential capacity, and since Javier Milei assumed office in December 2023, more than 20,000 enterprises have ceased … Read more

Argentina Economy

Sector Decline Looms as Government Tightens Wage Controls

The Industrial Union of Santa Fe has highlighted what it refers to as Argentina’s elephant in the room: the erosion of the middle class. Job losses, declining income across all segments, and constrained consumption are indicative of a more extensive decline. In the face of rising inflation, the government remains committed to a strategy of … Read more

Shutdowns and layoffs trigger alarm in Argentine industry

The investment amounted to US$52 million, characterized as the “most modern of its kind, worldwide, with cutting-edge sustainable technology,” as stated in the official announcement. In October 2022, Whirlpool inaugurated a new washing machine production facility in Pilar, Argentina. Last week, just over three years later — and two years into the presidency of libertarian … Read more