Tag: Argentina Inflation

RIO DE JANEIRO, BRAZIL - Despite the toolbox deployed by the Argentine Government -controls, freezes, agreements, trusts, and threats of higher withholdings- food prices in February were once again higher than inflation, which would have remained at very high...
RIO DE JANEIRO, BRAZIL - During the pandemic, the sale of real estate in Uruguay to Argentines increased, as well as the sale of farms and land for agricultural use. The various export restrictions, exacerbated last month by the new...
RIO DE JANEIRO, BRAZIL - In recent days, currency exchange offices across Argentina have been crowded. To save their savings, Argentines have increasingly sought to exchange pesos for dollars in the face of runaway inflation and exchange rate devaluation....
RIO DE JANEIRO, BRAZIL - Argentina announced on Tuesday that it reached an understanding with the Paris Club that will allow it to avoid an imminent default with this forum of creditor countries to which it owes US$2.4 billion...
RIO DE JANEIRO, BRAZIL - In February, concern grew among the mangers of Argentina's main gas station chains. A sharp rise in fuel prices was looming, the liter of super gasoline was going to exceed 99 Argentine pesos (0.91...
RIO DE JANEIRO, BRAZIL - Consumer prices in Latin America´s third largest economy surged 4% over the previous month in January, matching the jump logged in December and marking the joint-fastest increase in over one year. In January, the sharpest...
RIO DE JANEIRO, BRAZIL - Argentina ended 2020 with a cumulative inflation rate of 36.1 percent year on year, after registering the biggest price increases of the year in December, the National Institute of Statistics and Censuses (INDEC) reported...
RIO DE JANEIRO, BRAZIL - Argentina's economy is expected to grow 5.5% in 2021, after a contraction of about 12% last year due to the COVID-19 pandemic, with inflation seen ending the year at 49.8%, according to a survey...
RIO DE JANEIRO, BRAZIL - Argentina hiked interest rates on Thursday, November 12th, after monthly inflation accelerated to the highest level this year, a move aimed at bolstering peso savings and reining in prices amid a wider economic crisis. The...

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