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MercoPress, en Español

Montevideo, April 23rd 2025 - 07:45 UTC

Tag: National Institute of Statistics and Census (Indec)

  • Friday, April 11th 2025 - 19:19 UTC

    Argentina: Inflation in March hits 3.7%

    The Indec's figures were worse than Milei's Government had expected

    Argentina's Consumer Price Index (CPI) for the month of March reached 3.7%, the National Institute of Statistics and Census (Indec) reported Friday. These figures marked a sharp increase from February's 2.4% and January's 2.2%. The rise was driven primarily by higher food prices, particularly meat and vegetables, with public services also playing a role. Internannual inflation stood at 66.9% and 4.7% so far in 2025.

  • Tuesday, April 8th 2025 - 09:17 UTC

    Economists forecast Argentina's inflation to near 3%

    The REM did not include recent shakeups from Trump's tariffs

    Argentina's Central Bank's (BCRA) issue of the Market Expectations Outlook (Relevamiento de Expectativas del Mercado - REM) released Monday with data collected between March 27 and 31 among 39 experts raised the inflation forecast for last month to 2.6% from the previous 2.2%, which would represent an acceleration from January’s 2.2% and February’s 2.4%.

  • Tuesday, April 1st 2025 - 10:52 UTC

    Milei celebrates official figures showing a decline in poverty

    “The drop in the number of poor people is more than ten million,” Milei noted

    Argentine President Javier Milei Monday boasted his administration's achievement of lowering poverty from 52.9% in the first semester of 2024 to 38.1% by the end of the year, compared to 41.7% at the end of 2023. Indigence (extreme poverty) also decreased to 8.2% from higher levels earlier in the year, according to a report released Monday by the National Institute of Statistics and Census (Indec).

  • Friday, February 21st 2025 - 19:37 UTC

    An average Argentine worker earns US$ 482/month, Indec says

    Overall, there are about 4.7 million people actively looking for a job in Argentina's complex labor market, the Indec survey found

    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”).

  • Friday, February 7th 2025 - 09:04 UTC

    Argentina: BCRA REM report foresees 2.3% CPI in January

    The latest REM report showed a slight improvement from its previous issue's projections

    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%.

  • Tuesday, January 21st 2025 - 10:45 UTC

    Argentina records foreign trade surplus in 2024

    An Indec report showed that achievement for the first time in two decades

    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.

  • Wednesday, January 8th 2025 - 06:30 UTC

    Argentina: BCRA monthly survey projects inflation in 2025 to stand at 25.9%

    The BCRA's REM foresaw inflation to stand at 117.8% in 2024 and 25.9% this year

    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%.

  • Friday, December 27th 2024 - 19:43 UTC

    Supermarket sales keep dropping in Argentina

    The Indec also reported a constant process of higher indebtedness by the average consumer

    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.

  • Friday, October 11th 2024 - 09:30 UTC

    Argentine inflation stands at 3.5% in September

    Thursday's figures represented a slowdown from August's 4.2%, the Indec said

    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%.

  • Friday, September 27th 2024 - 14:50 UTC

    More than half of Argentines have fallen into poverty

    “Argentina has been torn to pieces and rebuilding it takes time,” Adorni also mentioned

    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.

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