Page 4 - Hernan Nessi News Today

Argentinas economy shrank 4.9% in the second-quarter of 2023 versus the year-ago period, the countrys statistics agency said on Tuesday, slightly missing analysts forecast of a 4.8% contraction... -September 19, 2023 at 03:25 pm EDT - MarketScreener

Argentina's economy shrank 4.9% in the second-quarter of 2023 versus the year-ago period, the country's statistics agency said on Tuesday, slightly missing analysts' forecast of a 4.8% contraction and posting the first break in growth for years. The country is battling to salvage a $44 billion deal with the International Monetary Fund (IMF) amid a steady depreciation of the peso, negative central bank reserves and a flagging economy due to the impact of drought on the farming sec...

Argentinas economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by the economy ministry to Congress late on Friday. GDP growth... -September 16, 2023 at 10:23 am EDT - MarketScreener

Argentinas annual inflation rate shot up to 124.4% in August after a sharp devaluation of the peso currency, with a 12.4% rise in the month the fastest since 1991, which is driving a... -September 13, 2023 at 03:17 pm EDT - MarketScreener

Argentinas Consumer Price Index likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters poll of analysts on Monday, after a sharp devaluation of... -Today at 12:18 pm- MarketScreener

By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure...

Argentina's Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters poll of analysts on Monday, after a sharp devaluation of the local peso currency last month. The country's government devalued the currency by nearly 20% in mid-August after radical libertarian Javier Milei, who wants to axe the central bank and dollarize the economy, won a shock 30% of the vote in the country's open primary election. A...

Argentina's economic activity fell 4.4% in June from a year earlier, the country's official statistics agency said on Wednesday, below the expectations of a Refinitiv poll of a 4.0% drop. The country's economy has been severely hit by poor performance in the agricultural sector, which registered a 40.4% drop year-on-year according to INDEC data . "The impact of the poor performance of the agricultural sector is especially strong," said economist and director of Invenom...

The International Monetary Fund should in the coming days finalize the basis for a staff level agreement with Argentina over a review of the countrys $44 billion loan with the IMF, the...

BUENOS AIRES (Reuters) - The International Monetary Fund (IMF) should in the coming days finalize the basis for a staff level agreement with Argentina...