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Entries with Keyword economy

In June, the International Monetary Fund agreed to loan Argentina US $50 billion in the face of a sharply declining peso due to a recent exodus of investors from the domestic market. As part of the deal, the Macri administration

While Argentine beef is world famous, in the last decade or so government policies instituted by the successive Kirchner administrations— such as quotas on exports and other trade obstacles—have led to a drop-off in beef exports. In 2005, for example, …

Argentina’s consumer prices rose by 3.7 percent in June, according to a report released by the Indec statistics agency yesterday. The figure represents a 1.6 percent increase compared to the previous month; in the first semester of the year, prices …

Beginning this coming Wednesday, July 18, the Bank of the Province of Buenos Aires will once again institute its famous 50 percent discount at supermarkets for their customers.

Those who are not customers of the bank will also be able

Treasury Minister Nicolás Dujovne was in New York this past weekend to assure to American investors that the Argentine government led by Mauricio Macri would maintain all the fiscal promises it made to the IMF after the US $50 billion …

Elisa “Lilita” Carrió, one of the leaders of the Cambiemos coalition, has a penchant for unpredictability. After her outrageous comments about decriminalizing abortion, Carrió topped off the weekly controversy by saying that the middle class should continue to give …

Private analysts estimate that this year’s inflation rate, on average, will be much higher than they expected the month before – and the previous ones before that – and will clock in at 30.3 percent, according to the latest monthly …

Update: following intense media scrutiny about the contradictions, Cabinet Chief Marcos Peña took to Twitter to support Dujovne’s initial statements and clarified the government ifs not planning on increasing taxes on overseas flights o credit card purchases made abroad.…

As of July 3rd, the latest principal economic indicators for the city of Buenos Aires have officially been released for the year of 2017/2018.

For your convenience (thank us later), we’ve summarized the main points:

Economic Activity

The economic activity

Economic output in Argentina was reduced by 0.9 percent in April when compared to the same month of last year, and by 2.7 percent when compared to March of this one, according to a report released yesterday by the Indec …