Argentina Faces Manufacturing Downturn in 2023
Argentina’s manufacturing sector declined by 1.8% in 2023, with a sharp 12.8% drop in December, the national stats agency INDEC…
Argentina Bonds Slump as Milei Reforms Go Back to Square One
Argentina bonds dropped in early trading after the country’s governing coalition sent President Javier Milei’s reform package back to square…
OECD: Argentina’s inflation rate to soar to 250% this year
Argentina’s inflation rate is expected to skyrocket to 250.6 percent this year and its economy to shrink more than previously…
Argentine Central Bank reserves stronger after FMI disbursement
After the IMF approved the staff-level agreement with Argentina’s current administration, the Government of President Javier Milei received a US$…
Argentina wheat harvest ends up 24% y/y, low prices dent economic impact
Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped…
IMF cuts Argentina ’24 growth forecast to 2.8%
Argentina 2024 economic growth is expected to see a 2.8 percent contraction below the October estimate of 5.6 per cent,…
Milei’s plan to free Argentina’s oil market slows in Congress
Javier Milei’s plans to free Argentina’s oil markets are getting pared back as the new president negotiates sweeping reforms to…
Argentina’s Buenos Aires grains exchange hikes soy, corn harvest forecasts
Argentina’s Buenos Aires grains exchange lifted its production forecasts for 2023/24 soy and corn to 52.5 million metric tons and…
Moody’s Predicts Downturn for Argentina’s Economy
Moody’s announced a 3% contraction in Argentina’s economy this year. Consumer prices might rise above 300%. Despite these challenges, there…