Argentina has aligned itself with the United States and 13 other economies, including the European Union, in releasing a joint statement that advocates for measures to tackle structural excess capacity and production issues in critical manufacturing sectors. The statement, announced by the US Trade Representative’s office on Wednesday, was signed during a meeting of the … Read more
Argentina’s economic activity declined by 1.4% in July relative to the same month the previous year, according to data released by the country’s official national statistics agency on Thursday. The decline for Latin America’s third-largest economy fell short of the 1.8% growth anticipated by analysts and represented a drop from the 2.7% increase noted in … Read more
Chapter Eleven-style bankruptcy proceedings, referred to as Procedimientos Preventivos de Crisis in Argentina, are accelerating. In the first seven months of this year, authorities received as many requests as they did in all of 2025, based on a request for access to public information submitted by Perfil to the Human Capital Ministry. The mechanism employed … Read more
Private sector registered employment declined once more as the first half of 2026 came to a close. Labour ministry data indicates that monthly registered employment in the private sector experienced a decline of 0.1% in June, translating to approximately 6,261 fewer jobs compared to May. The year-over-year comparison of formal private-sector employment indicates a decline … Read more
The manufacturing sector experienced significant challenges in July, exacerbating the ongoing crisis that has persisted since the introduction of President Javier Milei’s austerity plan. Official data from the statistics bureau INDEC indicates that industrial activity experienced a decline of 4.9% year-over-year in July. Cumulative decline in 2026 is recorded at 3%. The most alarming figure, … Read more
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
Argentina’s economy is at an unusual juncture. In contrast to numerous previous periods in the nation’s recent past, the fluctuations of the U.S. dollar — historically the primary focus of economic discourse — have shifted away from being the focal point of current discussions. Inflation is not either. Although it remains elevated relative to the … Read more
Industrial activity demonstrated notable enhancement in June. Data from the statistics institute INDEC, released on Friday, indicates that the sector experienced a month-over-month growth of 0.9%, marking the second consecutive monthly increase, and a year-over-year growth of 2%. The most significant monthly increase was observed in oil refining, chemicals, rubber, and plastic products at 4.4%. … Read more
Argentine Industrial Union President Martín Rappallini responded sharply to Economy Minister Luis Caputo following the minister’s severe critique of domestic industries regarding their product pricing. Rappallini remarked that such comments do not “foster the dialogue so desperately needed” during a period of declining industrial activity. Caputo made the remarks last Wednesday while defending his economic … Read more
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
