Argentina's National Institute of Statistics and Census (Indec) Permanent Household Survey (EPH) released this week showed that the average income per worker in Argentina during the third quarter of 2024 amounted to AR$ 588,011 (nearly US$ 482 at Friday's unofficial exchange rate, also referred to as blue, which is a euphemism for black market).
Add your comment!Argentine Central Bank's (BCRA) monthly Market Expectations Outlook (REM) released Thursday foresaw January's Consumer Price Index (CPI) would stand at 2.3%. Back in December 2024, the REM expected it to be 2.5%.
Argentina posted last year its highest nominal trade surplus in two decades, according to a National Institute of Statistics and Census (Indec) report released Monday in Buenos Aires. The document showed a US$ 18.9 billion positive outcome which contrasted with the US$ 6.925 billion deficit the year before.
Argentina's Central Bank's (BCRA) latest issue of the Market Expectations Outlook (Relevamiento de Expectativas del Mercado - REM) released Tuesday in Buenos Aires foresaw that December's Consumer Price Index (CPI) to be announced next week by the National Institute of Statistics and Census (Indec) would stand at 2.7% for an annual rate of 117.8%.
Argentina's National Institute of Statistics and Census (Indec) released Thursday a report mentioning that supermarket sales fell 17.8% yoy in October as consumption continues to fall. Sales in shopping malls and wholesalers also dropped.
Argentina's National Institute of Statistics and Census (Indec) announced Thursday that September's Consumer Price Index (CPI)stood at 3.5% for a yoy total of 209%. So far in 2024, inflation reached 101.6%, with housing, utilities, and fuels accounting for the largest increases. Thursday's figures represented a slowdown from August's 4.2%. The Core CPI, which records inflation excluding seasonal and regulated prices, stood at 3.3%.
According to a report from the National Institute of Statistics and Census (Indec), released Thursday, poverty in Argentina rose to 52.9% in the first half of 2024, affecting nearly around 25 million people, while indigence stood at 18.1% (8.5 million). These figures represented a significant setback from the 41.7% (19.5 million people) poverty rate from the second half of 2023. The Indigence Index measures people whose income is not even enough to buy the minimum amount of food for subsistence.
According to a report from Argentina's National Institute of Statistics and Census (Indec), unemployment in the South American country reached 7.6 % in the second quarter of 2024. The figures were consistent with the 7.7% recorded in the previous trimester but represented a sharp interannual deterioration from the 6.2% during the same period of 2023.
Argentina's Consumer Price Index (CPI) for the month of August went up 4.2%, the National Institute of Statistics and Census (Indec) announced Wednesday. The new figure represented a setback from July's 4% and a 236.7% interannual increase. So far in 2024, inflation reached 94.8%.
Argentina's Consumer Price Index (CPI) went up 4% in July, the National Institute of Statistics and Census (Indec) announced Wednesday in Buenos Aires. Thus, interannual inflation stood at 263.4%. So far in 2024, prices rose by 87%.