Tag: Indec index

• Monday, June 15th 2015 - 06:44 UTC

  Catholic Church points out that 25% of Argentines are below the poverty line

  

  The Argentine Catholic Church has stood out strongly on the controversy that has followed President Cristina Fernandez statement before the FAO assembly in Rome arguing that poverty in Argentina is below 5%, which was later made superlative by her spokesperson and cabinet chief Anibal Fernandez arguing that poverty in Argentina was less than in Germany or Denmark.

• Tuesday, June 9th 2015 - 07:49 UTC

  Argentina is paradise: poverty below 5% rate Cristina Fernandez tells the world

  

  Argentine President Cristina Fernández sparked controversy on Sunday when in a speech before the FAO conference in Rome, she endorsed widely disputed government figures on poverty, saying the rate was “below five percent,” adding that destitution in the country stood at 1.27%. If this was correct Argentina's poverty rate is below that of OECD rich league members.

• Wednesday, May 27th 2015 - 04:59 UTC

  Argentine economic activity up 2% in March, but industrial production down

  

  Good and bad news for Argentina's economy: the latest figures from the National Statistics and Census Institute (INDEC) reveal that economic activity increased 2% percent in March, compared to the same month last year, but industrial production recorded its 21st negative consecutive month in April.

• Wednesday, May 20th 2015 - 05:00 UTC

  Argentine inflation for April: official index 1.1%; Congressional index, 2.1%

  

  Inflation in Argentina during April reached 2.1% and 29% in the last twelve months according to the latest release from private consultants, an average of which is announced every month as the 'Congressional index' by members from the Lower House Freedom of Expression committee.

• Wednesday, May 20th 2015 - 03:52 UTC

  Unemployment in Argentina stable at 7.1%, but jobless have stopped looking for work, said Indec

  

  Argentina's Indec stats office latest release shows that unemployment was stable in the first quarter, at 7.1% in the yearly comparison, but that is only because some of the jobless have stopped looking for work, as employment rates continued a declining trend which started in 2011.

• Saturday, April 25th 2015 - 05:41 UTC

  Argentine economy picking up boosted by agriculture; manufacturing continues downfall

  

  Economic activity in Argentina expanded 1.4% in February compared to the same month last year, boosted by the agricultural sector and a hike in consumption, making it the highest increase since January 2014, according to the latest release from the country's stats office, Indec.

• Monday, April 20th 2015 - 06:20 UTC

  March inflation in Argentina ranges from 1.3% to 2.12%

  

  Argentine inflation in March reached 2.12% over February accumulating 29.8% in the last twelve months according to the average of private consultants, which every month is released by opposition members in Congress. This is one percentage point higher than the official March rate announced by the Argentine government's discredited stats office, Indec, 1.3%.

• Saturday, March 21st 2015 - 06:56 UTC

  Argentina's current account deficit widened to 5.07bn in 2014

  

  Argentina’s current account deficit widened 7.9% to 5.07 billion dollars in 2014 as Latin America’s third-biggest economy eked out meager 0.5% growth, official data showed. Exports fell 11.9% from 2013 to 71.94bn, hurt by low international prices for Argentine soy, wheat and corn as well as weakened demand in key trading partner Brazil, where economic growth is also stagnant.

• Monday, March 2nd 2015 - 06:17 UTC

  Argentina's economic activity up 0.6% in December; industrial production down in January

  

  Argentina's economic activity index, EMAE, increased 0.6% in December 2014, compared to the same month of 2013, according to the country's Indec stats office latest release. This marks the third consecutive monthly growth, after previous negative results.

• Wednesday, January 28th 2015 - 07:33 UTC

  Argentina's current import restrictions forecasted to continue during 2015

  

  A decrease in Argentina's trade surplus this year would make it difficult for the federal government to end the current restrictions on imports, which force companies to file an affidavit in order to obtain authorization, the Argentine Importers Chamber (CIRA) said this week, only days after the country’s 2014 trade data was revealed to be the worst since 2001.