Tag: Indec index

Indec index
Wednesday, May 27th 2015 - 04:59 UTC

Argentine economic activity up 2% in March, but industrial production down

The economy's performance was pushed by higher agricultural production among other factors, (excellent soy and corn crops), and consumer purchases

Good and bad news for Argentina's economy: the latest figures from the National Statistics and Census Institute (INDEC) reveal that economic activity increased 2% percent in March, compared to the same month last year, but industrial production recorded its 21st negative consecutive month in April.

Wednesday, May 20th 2015 - 05:00 UTC

Argentine inflation for April: official index 1.1%; Congressional index, 2.1%

The Congressional index (2.1%) is closer to that of Buenos Aires City, 2.4%, ruled by opposition presidential hopeful Mauricio Macri

Inflation in Argentina during April reached 2.1% and 29% in the last twelve months according to the latest release from private consultants, an average of which is announced every month as the 'Congressional index' by members from the Lower House Freedom of Expression committee.

Wednesday, May 20th 2015 - 03:52 UTC

Unemployment in Argentina stable at 7.1%, but jobless have stopped looking for work, said Indec

Indec said only 41.4% of the Argentine population have a job, down from 41.8% a year ago and 42.4% in the first quarter of 2011.

Argentina's Indec stats office latest release shows that unemployment was stable in the first quarter, at 7.1% in the yearly comparison, but that is only because some of the jobless have stopped looking for work, as employment rates continued a declining trend which started in 2011.

Saturday, April 25th 2015 - 05:41 UTC

Argentine economy picking up boosted by agriculture; manufacturing continues downfall

The EMAE, (production of goods and services) increased 0.9% in February compared to the previous month, the best performance since April 2014

Economic activity in Argentina expanded 1.4% in February compared to the same month last year, boosted by the agricultural sector and a hike in consumption, making it the highest increase since January 2014, according to the latest release from the country's stats office, Indec.

Monday, April 20th 2015 - 06:20 UTC

March inflation in Argentina ranges from 1.3% to 2.12%

Lawmaker Patricia Bullrich said that Argentina's March inflation is what most countries in the world record in twelve months

Argentine inflation in March reached 2.12% over February accumulating 29.8% in the last twelve months according to the average of private consultants, which every month is released by opposition members in Congress. This is one percentage point higher than the official March rate announced by the Argentine government's discredited stats office, Indec, 1.3%.

Saturday, March 21st 2015 - 06:56 UTC

Argentina's current account deficit widened to 5.07bn in 2014

The Economy Ministry said Argentina posted a 6.42bn surplus on trade and services, but that the total outflow of income was 11.40bn. The sum in 2013 was 4.7bn.

Argentina’s current account deficit widened 7.9% to 5.07 billion dollars in 2014 as Latin America’s third-biggest economy eked out meager 0.5% growth, official data showed. Exports fell 11.9% from 2013 to 71.94bn, hurt by low international prices for Argentine soy, wheat and corn as well as weakened demand in key trading partner Brazil, where economic growth is also stagnant.

Monday, March 2nd 2015 - 06:17 UTC

Argentina's economic activity up 0.6% in December; industrial production down in January

The December activity hike is explained by an increasing internal demand boosted by payment plans and tourism, said the Indec release.

Argentina's economic activity index, EMAE, increased 0.6% in December 2014, compared to the same month of 2013, according to the country's Indec stats office latest release. This marks the third consecutive monthly growth, after previous negative results.

Wednesday, January 28th 2015 - 07:33 UTC

Argentina's current import restrictions forecasted to continue during 2015

“The perspective of a low trade surplus would impose strong constraints on a wider flexibilization on the current import scheme” said Pérez Santisteban

A decrease in Argentina's trade surplus this year would make it difficult for the federal government to end the current restrictions on imports, which force companies to file an affidavit in order to obtain authorization, the Argentine Importers Chamber (CIRA) said this week, only days after the country’s 2014 trade data was revealed to be the worst since 2001.

Saturday, December 6th 2014 - 04:44 UTC

Argentina stats: IMF sees advances, but the issue is a heated debate in Congress

The congressional index is 'irresponsible' and a miniscule group of lawmakers can't attribute themselves the full house representation, said Carmen Bianchi

The International Monetary Fund has expressed conformity with the achievements made by the Argentine government regarding the updating of the country's statistics, and hoped to finish its evaluation in February, Director Christine Lagarde announced during a press conference in Santiago de Chile.

Friday, November 28th 2014 - 05:58 UTC

Argentine industrial activity contracts 6.1% in October compared to a year ago

Big drops in the auto industry are having a direct impact on the overall activity index

A private report revealed that industrial activity in Argentina dropped 6.1% in October compared to the same period last year, as the manufacturing sector continues to contract pushed by big drops in the auto industry.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement