Tag: Indec

Monday, June 27th 2016 - 07:15 UTC

Brazil's recession greater risk than Brexit for Argentina: could chip 1.5 percentage points from GDP

“Brazil is the difference between growing and not growing for the first year of our administration. It’s really critical,” said Minister Prat Gay

Argentina’s annual rate of inflation was likely to have reached an annualized 42% through May, but should begin to slow in June with a return to growth also on the horizon, Finance Minister Alfonso Prat-Gay said in an address to investors in New York. The minister also said that for Argentina, Brazil's recession had a greater impact than Brexit.

Wednesday, July 2nd 2014 - 00:13 UTC

Data confirms Argentina's economy has slid into recession

The sharp decline of the auto sector in terms of production, domestic sales and exports was reflected in the contracting EMAE

Argentina’s economic activity index (EMAE), which is seen as a close proxy of GDP, fell 0.5% in April compared with the same month last year, according to data released by the government's stats office Indec. Nonetheless activity went up 0.6% in April compared to March.

Thursday, February 13th 2014 - 03:06 UTC

January inflation climbed 4.61% during January according to Congress index

Lawmaker Brown: 'there is no economic plan, just spasmodic impulses'

Argentina's inflation in January climbed to 4.61% and 30.78% in the last twelve months according to the average from private consultants estimates which are released every month by opposition lawmakers in what is known as the 'Congressional index'.

Friday, September 20th 2013 - 20:50 UTC

Argentine consumers’ inflation expectations for next twelve months above 30%

Low income groups are even more pessimistic about soaring prices

Argentines expect an inflation of 30% for the next twelve months despite a slight deceleration in prices which consumers admit in some periods of the current year according to the findings from the Di Tella University.

Monday, May 27th 2013 - 05:00 UTC

Argentina’s industrial production up in April, but down in four months of 2013

Auto manufacturing in April was the main boost over a year ago

Argentina's April industrial production rose 1.7% over the same month a year earlier with a big jump in automobile output and more modest gains in the production of building materials, government data showed on Friday.

Tuesday, May 14th 2013 - 18:58 UTC

Argentine inflation controversy: court vindicates private stats agencies

Guillermo Moreno the thug and economist and former Economy ministry Lavagna one of his victims

An Argentine appeals court threw out the fines that Domestic Trade Secretary Guillermo Moreno had slapped on private firms that issued inflation estimates that were much higher than the government’s official rate.

Thursday, May 2nd 2013 - 07:50 UTC

Argentina’s seafood exports in two months: 48.418 tons; lower prices for hake, squid and shrimp

According to Argentine stats the average ton of squid price was down 17.5%

Argentina reported exports of 48.418 tons of seafood in the first two months of the year equivalent to 140.8 million dollars, which is 8.2% less than the same period a year ago, mainly because of lower prices.

Saturday, March 16th 2013 - 03:31 UTC

Argentina expanded 1.9% in 2012; saves 4bn dollars on GDP-growth linked bonds

Strong private consumption helping the Argentine economy compensate poor manufacturing performance

Argentina’s GDP expanded 1.9%, following an increase of 2.1% in the last quarter of 2012, compared to the 8.9% of 2011, according to the official but questioned national stats office Indec release on Friday.

Thursday, March 14th 2013 - 08:50 UTC

Argentine official inflation in February, 0.5% helped by 60 days price freeze

The much questioned Indec, official stats office

Argentine consumer prices rose 0.5% in February, the smallest gain since June 2009, after supermarkets and home appliance retailers agreed to freeze prices for sixty days, according to the government’s much questioned stats office, Indec.

Thursday, March 7th 2013 - 07:01 UTC

IMF mission in Argentina to check financial system, in framework of G20

The mission together with World Bank official will remain in Argentina two weeks

Officials from the International Monetary Fund and the World Bank arrived in Argentina on Tuesday to evaluate the country's financial system as part of checkups agreed among Group of 20 nations, according to a report from the official state news agency, Telam.


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