Blue Dollar Updates

Second month of growth, but first half of 2026 negative

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

Blue Dollar Updates

Spending remains stagnant as credit fails to recover

Credit served as the primary catalyst for the increase in consumption that Argentina experienced in late 2024 and early 2025. However, beginning in the previous year, that trend experienced a gradual deceleration and ultimately reversed, influenced by fluctuating interest rates and a significant increase in household defaults. Since then, Javier Milei’s government has not experienced … Read more

Blue Dollar Updates

150+ ships stuck in Argentine waters amid harbour pilots’ strike

Argentina’s primary ports are currently immobilised, with over 150 vessels trapped in the nation’s waterways. This disruption follows a strike initiated by harbour pilots and river guides on Saturday, in response to a decree from President Javier Milei that seeks to deregulate their profession. Harbour pilots, maritime pilots, and river guides operate as independent professionals, … Read more

Argentina Soybean Sales Lag as Farmers Feel Less Urgency to Export

Since the onset of the commodities boom in the early 2000s, Argentina has become increasingly dependent on soybean exports as a vital source of U.S. dollars — a currency that has experienced exceptionally high demand within the country’s economy for several decades. Consequently, successive administrations have implemented a variety of strategies aimed at incentivising farmers … Read more

Milei Unveils Five-Point Plan to Reform Argentina’s Central Bank

President Javier Milei announced on Thursday the specifics of his strategy to reform the Charter of the Argentine Central Bank, a fundamental element of his economic agenda for the upcoming months. He made the announcement on national television, a platform previously utilised for economic declarations, including the presentation of the 2026 budget proposal. In his … Read more

Argentina Peso

Milei has cut private sector wages by roughly 4%

One of the pillars of Argentina’s economy, consumer spending, has continued to stagnate, which can be explained by the fact that the majority of incomes in the country’s formal economy have not yet returned to their pre-President Javier Milei levels. In its most recent report, Nadín Argañaraz examined the six primary sources of income within … Read more

Blue Dollar Note

Investments fall 7.6% in H1, lacking signs of recovery

June was the eighth consecutive year-over-year reduction in investments in Argentina, with a total decline of 7.6% in the first half of 2026 compared to the same period last year. This information is derived from a survey executed by Orlando Ferreres & Asociados. The consulting firm’s Monthly Gross Domestic Investment Index experienced a decline of … Read more

Blue Dollar Latest

Book business alarmed by proposed fixed book price law repeal

The bookshop capital of the world, Buenos Aires, faces the potential loss of a significant number of its independent bookshops, as cautioned by the Argentine book sector last week. Several book industry chambers, encompassing publishers, distributors, authors, and independent bookshops, have raised concerns regarding the government’s plan to abolish the country’s fixed-price regulation. The initiative … Read more

There are more than nine million informal workers in Argentina

Argentina’s economy is beginning to exhibit a more organised macroeconomic framework; however, this enhancement has yet to manifest in a definitive rebound within the labour market. Unemployment levels have remained largely unchanged compared to a year ago; however, concerning indicators are emerging, such as the rise in informal employment, which now impacts 44.4 percent of … Read more

Blue Dollar Updates

Caputo boldly asserts Argentina will hit zero inflation

Economy Minister Luis Caputo has confidently asserted that Argentina will achieve “zero inflation” under President Javier Milei’s administration. Speaking on Sunday, Caputo argued that the key difference between the Milei administration and its predecessors in office is that the current government is “addressing the root cause” of Argentina’s problems, namely that “the country was spending … Read more