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Today: April 08, 2025
Today: April 08, 2025
Hernan Nessi

Hernan Nessi

Staff Writer

Latest From Hernan Nessi

Americas|Business|Economy|Finance|Political

Argentina's zombie mortgage market is coming back to life

Argentina's mortgage market, for years almost non-existent due to spiraling triple-digit inflation and high borrowing costs, is starting to show signs of

Argentina's zombie mortgage market is coming back to life
Americas|Economy|Political

Argentina inflation hits five-year low in win for Milei

Argentina's monthly inflation rate dropped to 2.2% in January, its lowest since mid-2020 after libertarian President Javier Milei took office just over a year

Argentina inflation hits five-year low in win for Milei
Americas|Economy

Argentina economic activity seen contracting less in November

Economic activity in Argentina likely fell again in November versus the same month a year earlier, but less than the 0.7% contraction in October, a Reuters

Argentina economic activity seen contracting less in November
Business|Economy|Finance|Political|World

Argentina's Milei set to clinch trade surplus record on grains, energy exports

Argentina likely logged the largest trade surplus in its history in 2024, a Reuters analyst poll released on Friday showed, on the back of libertarian

Argentina's Milei set to clinch trade surplus record on grains, energy exports
Uncategorized

Argentina inflation likely sped back up ahead of primary vote, analysts say

– Argentina’s monthly inflation rate likely sped back up to 7.1% in July, a Reuters poll of analysts showed, a blow for the ruling Peronist coalition, which is battling to avoid defeat by the conservative opposition in primary elections on Sunday. The sharper expected rise in the Consumer Price Index (CPI) would halt a run of slowing monthly inflation readings since a peak of 8.4% in April and underline how hard to budge inflation has become in the embattled South American nation. Argentina has one of the highest inflation rates in the world, with

Argentina inflation likely sped back up ahead of primary vote, analysts say
Americas|Economy|Finance|News

Argentina economic activity seen plunging 6% in February- Reuters poll

Argentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth

Economy|Finance

Argentina monthly inflation seen back in single digits in April

Argentina's monthly inflation rate likely dipped back into single digits for the first time in half a year in April, analysts polled by Reuters estimated, amid

Argentina monthly inflation seen back in single digits in April
Economy|Finance

Argentina's economy seen hitting steepest fall since 2020 in March

Argentina's economic activity index is expected to have shrunk 6.9% year-on-year in March, its deepest drop since 2020 and the fifth monthly contraction in a

Argentina's economy seen hitting steepest fall since 2020 in March
Economy|Finance

Argentine monthly inflation set to fall below 5%, lowest since 2022

Argentina's monthly inflation rate is expected to come in at 4.9% in May, according to a Reuters poll of analysts published on Tuesday, which

Argentine monthly inflation set to fall below 5%, lowest since 2022
Americas|Business|Economy|Finance|News

Argentina economy snapshot: central bank dollar buying spree slows

Argentina's central bank has started to put the brakes on its aggressive buying of dollars, a key push to build up reserves under new libertarian President

Argentina economy snapshot: central bank dollar buying spree slows
Americas|Economy|Finance|News

Argentina inflation seen speeding up in June, ending five-month streak

Argentina inflation is expected to have accelerated to over 5% in June, which would end a five-month streak of slowing price increases, according to a Reuters

Argentina inflation seen speeding up in June, ending five-month streak
Economy|Finance|News

Argentina economy snapshot: faltering recovery after plateau

Argentina's battered economy is expected to plateau and begin a fluctuating recovery in the second half of the year, according to forecasts by analysts and

Argentina economy snapshot: faltering recovery after plateau
Americas|Economy|Finance

Argentina economic activity seen back in the red in June

Argentina's economic activity likely fell in June versus the same month a year earlier, analysts said, back in the red after a rare rise the month before amid

Argentina economic activity seen back in the red in June
Americas|Economy|Finance

Argentina inflation seen at 31-month low of 3.9% in August

Argentina's monthly inflation rate is expected to have edged down to 3.9% in August, a Reuters poll of economists showed on Monday, the lowest since the start

Argentina inflation seen at 31-month low of 3.9% in August
Economy|News

Argentina's Milei pledges to protect fiscal balance in budget speech

Argentina's President Javier Milei said during a presentation to Congress on Sunday on the 2025 budget that he would defend his government's commitment to

Argentina's Milei pledges to protect fiscal balance in budget speech
Americas|Economy|Finance|News

Argentina economy forecast to extend recession in second quarter

Argentina's economy likely shrank 1.4% in the second quarter versus a year earlier, a Reuters poll showed on Monday, the fifth such decline as a recession

Argentina economy forecast to extend recession in second quarter
Economy|Finance

Argentina dollar deposits spike by $8 billion under Milei

Argentina's foreign currency deposits have jumped by around $8 billion since libertarian President Javier Milei took office in December, driven by a series of

Argentina dollar deposits spike by $8 billion under Milei
Americas|Business|Economy|Finance

Argentina's trade surplus nears $16 billion under Milei: Reuters poll

Argentina likely had a trade surplus for the tenth straight month in September under libertarian President Javier Milei, helping to accumulate a net $16

Argentina's trade surplus nears $16 billion under Milei: Reuters poll
Americas|Election|Political

Can Milei defuse Argentina's economic time bomb?

Argentina's libertarian president, Javier Milei, a political outsider who won election last year brandishing a chainsaw as a blunt symbol of his plans to cut

Can Milei defuse Argentina's economic time bomb?
Americas|Business|Economy|Political

Argentina monthly inflation seen under 3% in November, but sticky

Argentina's monthly inflation is likely to have remained under 3% in November, near its lowest level of the year but slightly up from the month before,

Argentina monthly inflation seen under 3% in November, but sticky
Americas|Economy|Political

Argentina economy seen shrinking 2.6% in Q3, but recession could break

Argentina's economy is expected to have contracted 2.6% in the third quarter of 2024 versus a year earlier, the sixth straight such decline, but expanded

Argentina economy seen shrinking 2.6% in Q3, but recession could break
Americas|Business|Economy

Argentina economic activity seen sliding in October year-on-year

Economic activity in Argentina likely fell in October versus the same month a year earlier, a Reuters poll of market analysts showed on Wednesday, although

Argentina economic activity seen sliding in October year-on-year
Americas|Business|Economy|Finance|World

Argentina's inflation expected to have accelerated 2.7% in December

Argentina's monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts

Argentina's inflation expected to have accelerated 2.7% in December

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