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Economy

An average household comprising two working adults and two children living in the City of Buenos Aires needed roughly AR $23,796 to stay above the poverty line in October, according to the latest report issued by the Buenos Aires City …

Members of Aerolíneas Argentinas’ different unions announced this week a 24-hour-long strike for Monday, November 26th. The decision follows the state-run company’s suspension of  376 employees who had taken part in a previous strike on November 8th, which lasted …

November 20th, 2018 marks the first of four monthly increases in subway fares. Prices have gone up from AR $12.50 to AR $13.50, and will reach AR $16.50 in February. In the case of the PreMetro, the climb will be …

The water service rate in the Buenos Aires Metropolitan area will increase by roughly 50 percent next year.

The rise is reported to come in two installments: the initial one, of 17 percent, will take effect on January 1, 2019 …

Argentina’s inflation rose by 5.4 percent in September, according to a report on consumer prices released by the Indec statistics agency today. The rate represents a 1.1 percent decrease compared to the previous month, with the accumulated rate for the …

Murder rates in the City of Buenos Aires dropped from 5.08 to 4.98 homicides per 100,000 people in 2017, according to a report released by the City’s Council of Magistrates (Consejo de la Magistratura) on Monday. This figure means that, …

Standard and Poor’s downgraded Argentina’s long-term sovereign credit rating from “B+” to “B” on Monday, explaining that, in its eyes, “there has been an erosion of the Argentine debt profile, of the economic growth trajectory and the dynamics of inflation …

The Ministry of Transport has announced it will implement a new system which is set to regulate the fares of taxis at airports and bus terminals and established a fixed, non-negotiable price, before the customer even steps foot into the …

Mass consumption in Argentina has dropped by 2 percent in the last quarter, compared to the same period a year earlier, according to a private report by Kantar Worldpanel consultancy.

With the Upper-lower class plummeting by 6 percent. “The period …

Even though Argentina’s unemployment rate clocked in at 9.6 percent in the second quarter of 2018, a new survey released this week by the Small and Medium-sized Business Observatory Foundation (FOP) concluded that the labor market also suffers of another …