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Economy

The Argentine economy shrank by 5.8 percent inter-annual in September, according to the latest report published by the Indec statistics agency on Friday. The figure marks the sixth consecutive month of decline for the economy, and a contraction of 1.9 …

Ever since Argentina signed the reviewed stand-by agreement with IMF and the Central Bank (BCRA) leadership implemented a consequent monetary policy, the peso did not only reduce its volatility but appreciated by more than 10 percent, from a peak of …

Chancellor Jorge Faurie has recently revealed that a bilateral meeting had been organized for the first day of the G20 in Argentina between President Mauricio Macri and British Prime Minister Theresa May. They are expected to discuss, among other things, …

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 …