Utility price hikes are strangling Argentina’s poor and impeding recovery

The utility-rate adjustment implemented by Javier Milei’s government has significantly diminished the purchasing power of lower-income households, thereby hindering the recovery in domestic consumption — and consequently, in economic activity. Utilities have experienced a significant increase, surpassing the average inflation rate since Milei assumed office. The Interdisciplinary Institute of Political Economy has projected that from … Read more

Blue Dollar Updates

Argentina Households Face Rising Utility Costs

The count of households benefiting from subsidies in Argentina has decreased by approximately three million since December 2023, coinciding with the commencement of President Javier Milei’s administration. At present, there are 2.1 million fewer households benefiting from electricity support and 900,000 fewer receiving assistance for piped natural gas in comparison to the beginning of the … Read more