Tag: Argentina inflation

• Thursday, July 14th 2022 - 09:30 UTC

  Argentina reshapes taxation to make up for gap between official and “blue” dollar

  

  The Government of Argentina has adjusted the so-called PAIS tax from 35% to 45% as of Thursday to equate the exchange rate between the local currency and the US dollar to that existing in the unofficial “blue” market.

• Wednesday, April 27th 2022 - 21:20 UTC

  Argentina's fiscal reserves in doubt as inflationary recalculations needed

  

  International Monetary Fund (IMF) Director for the Western Hemisphere Ilan Goldfajn admitted inflation guidelines outlined in Argentina's recent agreement with the financial agency needed to be modified to reflect a steep variation in prices.

• Tuesday, October 12th 2021 - 22:15 UTC

  Argentine inflation is world's fourth highest, says IMF

  

  Argentina's inflation turned out to be the world's fourth-highest, according to the International Monetary Fund's (IMF) World Economic Outlook report released Tuesday in Washington.

• Thursday, October 15th 2020 - 09:59 UTC

  September inflation in Argentina reached 2,8% and 36,6% in twelve months

  

  Argentina's inflation accelerated slightly in September from August as some easing of quarantine restrictions allowed the economic activity to begin to recover. The consumer prices rose 2.8% in September and increased 36.6% from a year earlier, Argentina's Indec statistics agency said on Wednesday.

• Friday, February 14th 2020 - 08:40 UTC

  Argentine inflation drops to 2.3% in January, helped by the freeze of several items

  

  Argentina inflation decelerated to 2.3% in January, the official statistics agency said on Thursday, well below analyst expectations for a 3.4% rise.

• Monday, September 16th 2019 - 09:47 UTC

  IMF choice: to unlock or not to unlock the last tranche of funds for Argentina

  

  The International Monetary Fund has a tough choice to make in Argentina: unlock US$5.4 billion in funds under the country’s loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic.

• Thursday, May 30th 2019 - 09:58 UTC

  Unions and opposition promote 24-hour strike paralyzing Argentina

  

  Opponents of Argentina's President Mauricio Macri launched a 24-hour strike on Wednesday to protest the government's inability to reduce inflation that has reached 55% over the past year. The strike paralyzed public transport while all flights to and from the country's airports were canceled. Banks, schools and universities remained closed.

• Monday, May 27th 2019 - 03:32 UTC

  New setback for Argentina's economy shown in leading report

  

  Argentina's beleaguered industrial activity fell 10.3% in April due to the peso's devaluation coupled with rampant inflation, the Argentine Confederation of the Medium-Size Company (CAME) reported over the weekend.

• Monday, April 22nd 2019 - 09:15 UTC

  Argentina’s president attempts to improve his fading chances of re-election (*)

  

  Mauricio Macri's original plan was to address Argentina’s citizens on television on the final working day before the Easter break. But he opted for a folksier way of presenting an economic package that he hopes will rescue his chances of being re-elected president in October. He appeared in a taped video, knocking on the door of a house belonging to a young working-class couple, then sitting down with them to explain his plan.

• Friday, December 28th 2018 - 09:20 UTC

  Argentina's economic activity in October falls 4%, year-on-year

  

  Economic activity in Argentina fell 4.0% in October versus the same month last year, the government said on Thursday, marking the seventh straight month of declines as the country grapples with recession and high inflation.