Tag: Argentina inflation

• Saturday, August 13th 2016 - 08:24 UTC

  Argentina's July inflation falls to 2%, confirming sliding tendency

  

  Argentina's inflation rate eased to 2% in July, less than half of what it was two months before when the government began reporting consumer price data after revamping the country's troubled statistics office. The July figure was released on Friday by the new Indec data agency. A month earlier it reported 3.1% inflation for June and 4.2% for May when it issued its first consumer price report since President Mauricio Macri took office in December.

• Thursday, June 16th 2016 - 08:08 UTC

  Argentina's revamped stats data launched: May inflation 4.2%

  

  Argentina released inflation figures for the first time since December last year, when newly elected president Mauricio Macri suspended the publication of economic data and intervened the official stats office, Indec, following long standing claims of manipulation by his predecessor.

• Wednesday, May 25th 2016 - 08:46 UTC

  Argentina's April inflation 6.7%, according to the Congress Index

  

  Argentina's April inflation climbed to a record 6.7%, and 19.4% in the first four months of the year, according to the latest Congress Index, announced on Tuesday. Public utility rates were blamed for two thirds of the April increase, the highest for a month since 2002.

• Monday, May 9th 2016 - 09:17 UTC

  S&P raises Argentina's credit rating, but warns about the 40% inflation

  

  Argentina’s credit rating was raised to B- from selective default by S&P Global Ratings, which cited the country’s payment last Thursday of $2.7 billion of past-due interest on bonds in default since July 2014.

• Wednesday, May 4th 2016 - 08:40 UTC

  Argentine unions claim April inflation reached 5% and 40.85% in 12 months

  

  Inflation in Argentina during April reached 5.02% and 40,85% in the last twelve months according to the unions umbrella organization CGT Economic and Social observatory, which was released on Tuesday.

• Monday, May 2nd 2016 - 08:13 UTC

  Argentines worried about inflation and unemployment; fuels increase 10% in May

  

  A clear majority of Argentines are most worried about inflation and unemployment, a report by the D’Alessio IROL and Berenzstein private consulting agencies have showed.

• Saturday, April 30th 2016 - 12:12 UTC

  Argentine unions take to the streets to protest job cuts and inflation

  

  Argentina’s strongest unions brought thousands of people into the streets Friday to protest high inflation and job cuts in the biggest demonstrations against President Mauricio Macri since he took office in December. Demonstrators waving blue and white Argentine flags flooded the main avenues of Buenos Aires, blocking traffic in a protest that brought together rival unions that put aside differences to protest Macri’s policies.

• Friday, April 29th 2016 - 06:08 UTC

  IMF praises Argentina's new focus despite an expected contraction of 1% this year

  

  Argentina's GDP is expected to contract by about 1% in 2016, according to the latest IMF Regional Economic Outlook; Western Hemisphere, announced on Wednesday in Mexico. The chapter on Argentina makes a special mention of the new government's changes to remove macroeconomic imbalances.

• Monday, January 25th 2016 - 10:19 UTC

  IMF praise for Argentina's measures... but forecasts 'mild recession' this year

  

  Despite the austerity policies that have been implemented by the government of President Mauricio Macri, Argentina will see a bigger than expected recession this year, the International Monetary Fund (IMF) said in a new report. The economy is set to decline 1% this year, a drop that is 0.3 percentage points larger than the previous forecast that the IMF had released in October.

• Monday, January 25th 2016 - 10:10 UTC

  Proxy inflation in Argentina reached 6.5% in December and 31.6% in 2015

  

  Consumer prices rose 6.5% in December in the Argentine province of San Luis, one of the indexes the new leaders of the country's INDEC statistics bureau had said could be used as a proxy for national inflation figures — amounting to a cumulative 31.6% increase in 2015.