Tag: Inflation

• 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.

• Tuesday, May 6th 2025 - 10:35 UTC

  Bolivia's inflation reaches 0.9% in April

  

  Bolivia's inflation rose by 0.9% last month, bringing the cumulative rate for the first third of 2025 to 5.95%, the National Institute of Statistics (INE) reported Monday. These figures were significantly higher than the 1.31% recorded for the same period in 2024 and represented 79.3% of the government's 7.5% annual target