Economy

November inflation stood at 12.0% y-o-y. This brings the ytd increase in consumer prices to 11.1%, almost double 2004’s end-year figure of 6.1%.

A recent Senate debate over current budget proposals was interrupted twice, once due to protestors and once due to a fight between two senators.

Trade data for August revealed increases in both exports and imports on a monthly basis (by 25.2% and 19.8% respectively), though compared with last year exports were down by 1.3%,... 2005-11-15

September CPI surprised on the upside, registering a 3.9% y-o-y increase, which left consumer prices pushing the upper boundary of the central bank's 2-4% target band. The bank is... 2005-11-15

The government has announced it will tighten fiscal policy in the wake of President Kirchner's political victory in the October legislative election. Minister of Finance Roberto Lavagna... 2005-11-09

The Argentine economy grew by 10.1% y-o-y in Q205, a 2.4% seasonally adjusted (sa) increase on Q105, exceeding both official and independent forecasts. This follows a quarterly growth... 2005-11-09

Until last year, Chile had run a current account deficit in every year of the past decade. However, aside from the sharp increase in the deficit in 1997 and 1998, the deficits have... 2005-11-08

The peso has made exceptional gains over the past two months despite the resurgence of the US dollar. The unit rallied by 10% from July 8, peaking at CLP525.8/US$ in early-October.... 2005-11-08

Although Vázquez only assumed power in March 2005, many are using the anniversary of the 2004 electoral victory to benchmark his administration's progress. Elected on a broadly left-wing... 2005-11-08

After a 0.1% m-o-m dip in consumer prices in August, September witnessed the second largest upswing in prices this year, as the monthly inflation figure reached 1.4%. On an annual... 2005-11-07