Prices rose 16.0 percent in Argentina in September compared to the previous month, according to Indec. The overall increase in prices can be attributed more to imported products rather than domestic products. The price of imported products rose 24.4 percent,… Read More ›
Officials in Argentina and Brazil signed an agreement to share some information related to the Odebrecht corruption case.
Argentina is currently in the process of upgrading hundreds of miles of railroad under the Plan Belgrano. The infrastructure improvements will reduce shipping time between two major cities in the north from 18 days to just two. The first 500… Read More ›
Argentina’s central bank maintained 40% interest rate as inflation expectations rise. The decision was in line with a recent agreement with the IMF.
The Central Bank of the Argentine Republic (BCRA) has raised its key rate by a massive 12.75 percentage points since April 27 in an effort to shore up the exchange rate of the peso and force down inflation that is far in excess of the government’s target for 2018 of 15 percent.
United States pork will soon be exported to Argentina for the first time in more than 25 years. The Office of the Trade Representative believes that Argentina could be a $10 million market for US pork producers. The US is the largest pork exporter in the world with $6.5 billion exported in 2017.
Argentina’s central bank left its monetary policy rate at 27.25 percent and confirmed it expects inflation to decelerate after the impact of a hike in regulated prices, such as utilities and transportation, and the recent peso depreciation wanes.