ARGENTINA: Economists Expect 21% Annual Inflation By Year-end - Survey
Argentina's annual core inflation forecast for the end of 2017 rose by 0.7 percentage point (pp) in November to 21%, according to a monthly survey conducted by the Argentinean central bank. For 2018, analysts estimated a 14.3% annual inflation, from 14% in the previous survey.
Recently, the Argentinean monetary authority gave up of its inflation target for 2017, between...[Read More]
ARGENTINA: Country Places 30-year Bonds For 2.75 Billion Euros
Argentina returned to the European market with the placement of three bonds denominated in euros, including the first 30-year bond for the country in the common currency, for a total of 2.75 billion euros.
The Argentinean bonds' maturity ranges from five to...[Read More]
The foreign ministers of Argentina and Chile – Jorge Faurie and Heraldo Muñoz – signed a free trade agreement at the Argentine Foreign Ministry yesterday. The agreement, which was concluded after five rounds of negotiations, will facilitate bilateral trade, improve the efficiency of customs, increase...[Read More]
Argentina’s government has decided to ditch a proposed tax on wine after vineyards complained the measure would cripple the industry, the governor of the country’s top wine-making province said on Thursday.
Argentine President Mauricio Macri backed down from a proposed 10 percent tax on wine and increased tax on champagne following a private meeting with...[Read More]
Take a look at some of the main economic stories from the week.
DUJOVNE OUTLINES TAX PACKAGE
The day after President Mauricio Macri outlined the main reform objectives of his administration before a top-level audience, Treasury Minister Nicolás Dujovne presented a comprehensive tax package with far more specific proposals at a press conference on Tuesday. The package aims at...[Read More]