Tag: Indec index

• Thursday, October 18th 2018 - 07:36 UTC

  Argentina with a record 6.5% inflation in September, and 40.5% in twelve months

  

  Argentina says that consumer prices rose 6.5% in September bringing the twelve month inflation rate to 40.5%, one of the world's highest. The inflation rate published by the official statistics agency Indec, on Wednesday follows a sharp devaluation of Argentina's currency. The nine month rate reached 32.4%.

• Friday, September 28th 2018 - 07:55 UTC

  President Macri asks for patience; poverty index shows 27,3% Argentines live in poverty

  

  President Mauricio Macri on Thursday asked Argentines for patience in weathering an economic crisis this year and pledged to increase social spending in the coming months, a day after reaching a US$ 57.1 billion deal with the International Monetary Fund.

• Saturday, August 18th 2018 - 07:00 UTC

  Macri anticipates more Argentines will fall into poverty this year

  

  More Argentines are likely living in poverty now compared with last year, President Mauricio Macri said on Friday, as the country's economy slides toward recession following a currency crisis and a severe drought that harmed farm output.

• Thursday, August 2nd 2018 - 07:24 UTC

  Macri admits annual inflation will reach 30%, “product of this storm”

  

  Argentina's President Mauricio Macri is acknowledging for the first time that the country's annual inflation rate will be 30%. Macri said Tuesday that the high consumer prices “unfortunately are a product of this storm.” He was referring to a sharp devaluation of Argentina's currency and a recent run on the Peso.

• Wednesday, July 25th 2018 - 05:36 UTC

  Argentina's stats office data reveals recession is round the corner

  

  Argentina's economy shrank 5.8% in May versus the same month last year, government statistics agency Indec said on Tuesday, the second straight month of declines in a sign of looming recession and a possible GDP contraction in 2018.

• Wednesday, July 18th 2018 - 07:38 UTC

  Argentina consumer prices rose 3.7% in June and reach 29.5% in twelve months

  

  Consumer prices rose 3.7% in June in Argentina, official data showed on Tuesday. That brought 12-month inflation to 29.5%, up from 26.3% in the 12 months through May, the INDEC national statistics bureau announced, which makes it the highest monthly recorded figure of the last two years.

• Tuesday, March 6th 2018 - 09:31 UTC

  Argentine seafood exports in 2017 totaled 475,591 tons and US$ 1,8bn

  

  Argentine seafood exports grew by almost 7% in volume and around 16% in dollar value during 2017, according to the final figures published by the Under-secretariat of Fisheries in its latest Report. Data from the Economics Department, based on information from INDEC shows that fisheries exports totaled US$ 1,978bn, a 16.4% higher compared to 2016, while the volume was up 6.9% to 475,591 tons.

• Sunday, September 3rd 2017 - 01:35 UTC

  Argentine economy picking up spurred by manufacturing and construction

  

  Argentina's economic activity expanded 4.0% in June compared with the same period the prior year, government statistics agency Indec said on Thursday, the latest sign of economic recovery ahead of legislative elections in October.

• Wednesday, May 24th 2017 - 09:06 UTC

  Argentina economy grows 0.8% in March from a year earlier

  

  Argentina's economy grew 0.8% in March from a year earlier, the Indec statistics agency said on Tuesday. The economy also grew 1.9% in March versus February, Indec said.On Tuesday the Argentines central bank also kept its benchmark interest rate at 26.25% and said it believes the country's inflation rate is easing in May.

• Thursday, May 11th 2017 - 12:07 UTC

  Argentina's 12-month inflation through April was 27.5%

  

  Argentina's statistics agency Indec, said on Wednesday 12-month inflation through April was 27.5%, the first time it has published 12-month inflation since President Mauricio Macri took office in December 2015 and revamped data calculations. Indec said April inflation was 2.6%, above median analyst expectations for a consumer price increase of 2.1 percent.