Monday, February 19, 2018

Monday, Feb

By Nasdaq

Growth expectations in Argentina for 2017 rose slightly to 2.8 percent from 2.7 percent a month earlier, while expectations for 2018 remained steady at 3 percent, a poll of 54 economists published by the central bank on Monday showed.

The economists maintained their expectation for inflation of 22 percent this year, above the central bank's target range of... (Read More)

By The Bubble

In preparation for Saturday’s “Industry Day,” President Mauricio Macri delivered a speech at the headquarters of the Argentine Industrial Union in Buenos Aires and reiterated his strong confidence in the recovery of Argentina’s business sector, encouraged entrepreneurial investments in the country and – of course – did not miss an opportunity to take a shot at Cristina Kirchner.

The President assured that his administration has created a “healthy and responsible macroeconomic framework,” and warned Argentines not to be... (Read More)

By Maritime Logistics Professional

Argentina's government published a decree on Thursday eliminating or reducing tariffs on imports of used equipment for oil and natural gas companies, a measure long sought by the industry, but it included requirements to buy some locally produced goods.

The new rules would go into effect on Friday and apply through June 2019, according to a resolution published in the Official Gazette.

Developing the Vaca Muerta shale fields, some of the world's largest, is a key goal of Argentine President Mauricio Macri's administration.

"In many cases, the goods in question cannot be provided by the... (Read More)

By Reuters

Argentina's peso currency rose against the dollar on Monday for the first time in two weeks, after the central bank intervened in the foreign exchange markets on Friday to halt the peso's rapid decline to historic lows.

The peso rose 0.86 percent on Monday to 17.65 per dollar, its sharpest single-day gain since April, after touching a record low of 17.80 per dollar on Friday. The rebound came after the central bank sold... (Read More)

By Ámbito

La actividad económica se expandió un 4% interanual en junio, el mayor nivel de crecimiento en 22 meses, con lo que acumuló un avance de un 1,6% en el primer semestre, informó este jueves el Instituto Nacional de Estadística y Censos (Indec).

Ante mayo, el Estimador Mensual de la Actividad Económica (EMAE) registró además un incremento de un 0,3% en el sexto mes del año.

La suba del 4% interanual es la mayor desde el período agosto de 2015, y sumó de esta forma un trimestre completo con números positivos, tras los incrementos... (Read More)

By Los Andes

El consumo de cemento aumentó 19.551 toneladas entre enero y junio del 2016 e igual período de este año. Referentes del sector aseguran que el incremento se debe a la obra pública.

La actividad de la construcción creció 8,10% en Mendoza durante el primer semestre del año, según datos de la Asociación de Fabricantes de Cemento Portland (AFCP). 

Si bien el comportamiento del sector no fue parejo en ese período, el balance general fue positivo. Las estadísticas indican que en los primeros seis meses del 2017 se consumieron... (Read More)

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