Argentina’s Gas Crunch Amid Cold Snap
Argentina grappled with a significant gas shortage, halting major industries and transportation.The cold wave exacerbated the crisis, prompting President Javier…
Argentina market analysts see chance of another rate cut
Argentine analysts expect the country’s central bank to again cut its benchmark interest rate following a bond tender that is…
Recession hits Argentina’s SMEs hardest
Argentina’s deepening recession is hitting the nation’s small- and medium-sized businesses (SMEs or PyMEs) the hardest: according to a new…
Argentina’s economic activity down 8.4% in March
Argentina’s economic activity fell 8.4% in March from a year earlier, the country’s official statistics agency INDEC said, its fifth…
The Parallel Dollar Soared
Argentina’s parallel dollar, also called ‘blue dollar’, surged to 1,230 pesos per unit, marking a four-month high.It has risen nearly…
Argentina’s economy seen hitting steepest fall since 2020 in March
Argentina’s economic activity index is expected to have shrunk 6.9% year-on-year in March, its deepest drop since 2020 and the…
Wages keep losing purchase power in Argentina
Formal wages took a slump of nearly 15% in the last semester, particularly after the Dec. 13 118.3% devaluation of…
Argentina’s industrial activity keeps dropping
Industrial activity in Argentina fell for the tenth consecutive month amid a growing loss of purchasing power. Interannually, a 17.2%…
Argentina posts fourth month of fiscal surplus under Milei
Argentina posted primary fiscal and financial surpluses in April, driven by an austerity package under new libertarian President Javier Milei.The…