Tag: Inflation

• Wednesday, November 12th 2025 - 10:55 UTC

  Argentina to lift all currency exchange restrictions “soon”

  

  While Argentina's Central Bank (BCRA) announced the “imminent” removal of all remaining controls on foreign exchange transactions, the South American country's National Institute of Statistics and Census (Indec) is about to report October's inflation on Wednesday. Most experts predict it will be above 2%.

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• Monday, November 3rd 2025 - 10:21 UTC

  The Guardian highlights the hardships Argentines go through under Milei

  

  Despite President Javier Milei's success in significantly lowering annual inflation from over 211% in 2023 to 32% by September 2025, a majority of Argentines are struggling as their purchasing power has collapsed under the administration's “chainsaw” austerity program, the London outlet The Guardian noted.

• Tuesday, September 16th 2025 - 10:50 UTC

  Uruguay: Economy grows 2.1% in 2Q of 2025

  

  Uruguay's economy grew by 2.1% in the second quarter of 2025 compared to the same period in 2024, according to a report released on Monday by the Central Bank (BCU), which also noted a 0.4% growth from the previous quarter.

• Thursday, September 4th 2025 - 10:16 UTC

  Uruguay's inflation within target range

  

  Uruguay's inflation, as measured by the Consumer Price Index (CPI), registered a monthly variation of -0.03% in August, the National Institute of Statistics (INE) announced on Wednesday in Montevideo.

• Thursday, August 14th 2025 - 10:18 UTC

  Argentina's inflation in July stands at 1.9%

  

  Argentina's Consumer Price Index (CPI) rose 1.9% in July, bringing the year-on-year inflation to 36.6% and the year-to-date figure to 17.3%, according to a report from the National Institute of Statistics (Indec) released Wednesday in Buenos Aires. This marks the third consecutive month with a monthly inflation rate below 2%, a trend not seen since late 2017.

• Wednesday, August 6th 2025 - 10:15 UTC

  Uruguay's YoY inflation continues to fall

  

  According to the National Institute of Statistics (INE) report published Tuesday in Montevideo, Uruguay's interannual inflation rate in July 2025 was 4.53%, a slight decrease from 4.59% in June. This marks the 26th consecutive month that inflation has remained within the Central Bank's target range of 3% to 6%.

• Saturday, July 5th 2025 - 10:53 UTC

  Uruguay's inflation closer to target

  

  Uruguay's year-on-year inflation rate dropped to 4.59% in June, marking its fourth consecutive monthly decline. This figure is very close to Uruguay's Central Bank (BCU) target of 4.5% and keeps inflation within the 3% to 6% tolerance range for the 25th consecutive month.

• Tuesday, May 13th 2025 - 09:37 UTC

  Fitch ups Argentina's grading by one notch

  

  Fitch Ratings upgraded Argentina's long-term foreign currency debt rating from CCC to CCC+, citing the rapid economic recovery under President Javier Milei. Key factors include a new US$ 20 billion International Monetary Fund (IMF) agreement, with an initial US$ 12 billion disbursement boosting reserves to US$38 billion, and the liberalization of the exchange market an AR$ 1,000 / AR$ 1,400 band per US dollar.

• Friday, May 9th 2025 - 14:51 UTC

  Venezuela seeks support from Russia and China amid economic crisis

  

  Venezuela is turning to its geopolitical allies, Russia and China, to counter a deepening economic crisis, as the South American nation faces dwindling oil revenues, runaway inflation, and a severe currency devaluation.

• Tuesday, May 6th 2025 - 10:49 UTC

  Growth reported in Uruguay's foreign trade

  

  Uruguay's foreign trade showed growth in April 2025, with exports increasing by 4% compared to the same period last year, a Uruguay XXI study released in Montevideo Monday showed. Total exports for the month reached US$ 1.033 billion, while cumulative exports from January to April amounted to US$ 3.92 billion, also marking a 4% year-on-year increase.