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MercoPress, en Español

Montevideo, February 22nd 2025 - 15:57 UTC

Tag: Indec

  • Friday, February 14th 2025 - 10:37 UTC

    Argentina: Indec says January's inflation stood at 2.2%

    Milei's Libertarian government seeks to further reduce inflation through exchange rate control, wage policies, and fiscal anchors

    Argentina's inflation in January 2025 stood at 2.2%, down from 2.7% in December, the National Institute of Statistics and Census (Indec) said in a report released Thursday, which also showed yoy values of 84.5%. January's was the lowest Consumer Price Index (CPI) since July 2020 - 1.9% amid the Covid-19 pandemic - and also the best under Javier Milei, who took office on Dec. 10, 2023. The President's best previous CPI was in November 2024 at 2.4%.

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  • Wednesday, February 12th 2025 - 08:54 UTC

    US dollar not lagging, says Caputo

    “With Javier Milei we have the best relationship that an Economy Minister has ever had with a President,” Caputo said

    Argentina's Economy Minister Luis 'Toto' Caputo insisted Tuesday that the US dollar was not lagging against the peso and also mentioned that a new deal with the Monetary Fund (IMF) was just details away from being finalized. He made those remarks and negative results hit the local stock markets, and the country-risk index regained its upward trend following President Javier Milei's statements that a devaluation was not in sight and that the government did not intend to modify the current pensions law.

  • Wednesday, January 15th 2025 - 10:29 UTC

    Indec announces Argentina's inflation in 2024 reached 117.8%

    December's It was the lowest monthly rate since July 2020 amid strict Covid-19 lockdowns, when inflation reached 1.9%

    Argentina's Consumer Price Index (CPI) went up 2.7% in December 2024 for an accumulated 117.8% last year, the National Institute of Statistics and Census (Indec) said Tuesday in a report released in Buenos Aires. It was the lowest monthly rate since July 2020 amid strict Covid-19 lockdowns, when inflation reached 1.9%.

  • Saturday, December 21st 2024 - 10:55 UTC

    Indec says Argentina's economy contracted 2.7% through October

    Milei says the recession is over

    A report released Friday by Argentina's National Institute of Statistics and Census (Indec) showed that the country's economic activity fell by 0.7% in October for an accumulated 2.7% interannual contraction in the first ten months of 2024, driven particularly by fishing (-49.9%) and construction (-14.5%) amid President Javier Milei's austerity plans which included halting all public works.

  • Wednesday, November 13th 2024 - 10:46 UTC

    Indec says Argentina's inflation in October stood at 2.7%

    Inflation is a battle won, Caputo stressed

    Argentina's National Institute of Statistics and Census (Indec) Tuesday announced that the Consumer Price Index (CPI) went up 2.7% in October, which represented a significant slowdown from previous months despite an interannual 193% increase and 107% in 2024 alone. October's inflation was the lowest figure in almost three years. In November 2021, it stood at 2.5%. September's inflation was 3.5%.

  • Thursday, September 26th 2024 - 10:53 UTC

    Argentina's economy keeps falling, Indec report shows

    Despite overall negative results, Agriculture, Livestock, Hunting, and Forestry showed a 23.6% increase

    Argentina's National Institute of Statistics and Census (Indec) Wednesday released a report showing that the economic activity in the South American country fell by 1.3% year-on-year in July.

  • Saturday, July 13th 2024 - 10:22 UTC

    Argentina tops list of LatAm countries with the highest inflation for the 9th straight month

    The CPI went up 4.6% while all the other countries recorded variations below one digit.

    Argentina was found to boast the dubious honor of topping the list of Latin American countries with the highest inflation for the ninth month in a row after Friday's release by the National Institute of Statistics and Census (Indec) of the latest report regarding June's figures. The CPI went up 4.6% while all the other countries recorded variations below one digit.

  • Friday, June 14th 2024 - 09:30 UTC

    Argentina's Indec says May's CPI reached 4.2%

    Minister Caputo celebrated what he deemed to be another achievement in curbing inflation

    Argentina's National Institute of Statistics and Census (Indec) announced Thursday that the Consumer Price Index (CPI) had grown 4.2% in May, which was celebrated by the Libertarian administration of President Javier Milei as another sign of a slow victory over inflation despite the 71.9% recorded in the first five months of 2024 and the 276.4% yoy.

  • Tuesday, May 14th 2024 - 23:05 UTC

    Argentina: Inflation keeps decelerating in April

    Before April, monthly inflation had remained in double digits for five months in a row, Argentina's National Institute of Statistics and Census reported

    Argentina's National Institute of Statistics and Census (Indec) Tuesday announced that April's Consumer Price Index (CPI) stood “at 8.8% in April 2024 compared to March and 289.4% year-on-year.” The government agency also noted in its X account that “they accumulated an increase of 65% in the first quarter.”

  • Thursday, May 2nd 2024 - 19:11 UTC

    Argentina: Drop in retail prices expected soon

    Caputo agreed with executives from the main supermarket chains that imported goods would help lower the retail prices

    In line with President Javier Milei's chainsaw politics to curb inflation, Argentine supermarkets expect a drop in retail prices shortly once imported items arrive to compete with local production as agreed upon with the Economy Ministry in March, it was reported in Buenos Aires.

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