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MercoPress, en Español

Montevideo, October 20th 2025 - 21:30 UTC

Economy

  • Thursday, August 14th 2025 - 10:18 UTC

    Argentina's inflation in July stands at 1.9%

    There is not enough cash in circulation to validate widespread increases

    Argentina's Consumer Price Index (CPI) rose 1.9% in July, bringing the year-on-year inflation to 36.6% and the year-to-date figure to 17.3%, according to a report from the National Institute of Statistics (Indec) released Wednesday in Buenos Aires. This marks the third consecutive month with a monthly inflation rate below 2%, a trend not seen since late 2017.

  • Wednesday, August 13th 2025 - 20:48 UTC

    Uruguay's Salto more expensive than Argentina's Concordia across the border

    The UCU's research found the gap to have grown again, albeit still far from previous years' sharp differences

    A study by the Catholic University of Uruguay's (UCU) Economic Observatory on the Salto Campus released this week showed that goods were once again much less expensive in Argentina. However, the difference was not as large as in previous years.

  • Wednesday, August 13th 2025 - 10:34 UTC

    Argentine SMEs losing ground to imports

    Suspensions, early vacations, and layoffs were reported on the rise

    A report by the SME Observatory Foundation (FOP) warned that one-third of Argentina's small and medium-sized industrial enterprises (SMEs) were losing market share to imports. The study, which surveyed 407 companies, found that 45% of SMEs feel a growing threat from imported goods, the highest level since 2007.

  • Wednesday, August 13th 2025 - 09:47 UTC

    Argentina: July's CPI projected below 2%

    Analysts believe that a significant rise in the rate between the US dollar and the Argentine peso did not have a major impact on prices

    According to the Market Expectations Survey (REM) from Argentina's Central Bank (BCRA), which collects projections from consulting firms and research centers monthly, inflation in July is expected to be 1.8%, a slight increase from June's 1.6%. This figure is foreseen despite the dollar rising 14% during the same month.

  • Tuesday, August 12th 2025 - 10:05 UTC

    Haddad's talks with Secretary of the Treasury called off - Was it due to pressure from US far right?

    The trade issue is not the focus, Haddad stressed

    Brazilian Finance Minister Fernando Haddad announced Monday that his meeting with US Secretary of the Treasury Scott Bessent, scheduled for Wednesday, had been canceled. The minister claimed the decision was triggered by the US far right.

  • Tuesday, August 12th 2025 - 09:55 UTC

    Lula and Xi Jinping discuss bilateral and global issues

    Both presidents agreed that Washington's tariffs were obstacles to a fair and equitable international system

    Presidents Xi Jinping of China and Luiz Inácio Lula da Silva of Brazil on Monday held a telephone conference, during which they discussed topics of mutual interest, as well as global issues. Both leaders agreed that China-Brazil relations were at an all-time high and planned to continue working together.

  • Tuesday, August 12th 2025 - 09:55 UTC

    Paraguay's Lower House gives nod to Mercosur-Singapore FTA

    This agreement provides strategic access to the large Asian market, Latorre argued

    Paraguay's Lower House on Monday approved the Free Trade Agreement between the South American Common Market (Mercosur) and Singapore signed in December 2023 in Rio de Janeiro. The deal had already been approved by the Senate. The understanding seeks to increase accessibility and transparency for businesses engaging in electronic transactions and public procurement.

  • Monday, August 11th 2025 - 10:25 UTC

    Chile halts meat imports from Argentine Patagonia

    Should a case of foot-and-mouth disease appear north of the Colorado River, it would compromise the entire Argentina, including Patagonia

    The Chilean Government of President Gabriel Boric Font suspended the import of all animals and animal products from Argentina that require foot-and-mouth disease-free certification, in response to the Libertarian administration's decision to deregulate the National Service for Agrifood Health and Quality (Senasa). This move directly affects exports of sheep meat and bulls from Argentina's provinces of Neuquén and Río Negro, jeopardizing millions of dollars in trade.

  • Monday, August 11th 2025 - 10:09 UTC

    No good news for Argentine SMEs

    Purchases were concentrated on basic necessities, CAME said

    Retail sales for small and medium-sized enterprises (SMEs) dropped by 2% year-on-year in July and 5.7% compared to June, marking the fourth consecutive month of decline, according to the Retail Sales Index (IVM) compiled by the Argentine Confederation of Medium-Sized Enterprises (CAME). Despite this, year-to-date sales for 2025 are still up 7.6% compared to the same period in 2024.

  • Monday, August 11th 2025 - 09:14 UTC

    Falklands: Gross National Income per capita £58,749 in 2024, FIG National Accounts

    In 2024, the GNP grew by 2.7% in nominal terms to £288 million, while the GDP in real terms rose by 3.6% to £175 million.

    The Falkland Islands Government Policy Department has announced the publication of the Falkland Islands National Accounts for the years 2014 to 2024.