Population in Argentina
Argentina - Population
President Mauricio Macri’s plea to the IMF on 29 August triggered a sharp selloff in the peso, precipitating the worst chapter thus far of this year’s still-unfolding economic crisis. Macri appealed to the IMF to accelerate the disbursements of its USD 50 billion stand-by arrangement (SBA) agreed to in June, a move that sent investors fleeing as the depths of the government’s fiscal woes grew more apparent. In exchange for bringing forward the disbursements, the government offered new fiscal reforms intended to speed up consolidation. Ahead of the IMF’s announcement on a revised SBA, the pain facing the economy continues to mount. Confidence is in the doldrums and tighter monetary conditions are bound to bruise spending and investment this quarter. Exacerbating matters, economic activity contracted in the second quarter as drought wreaked havoc on the agricultural sector, and a brewing corruption scandal in the construction sector is poised to weigh on activity through the remainder of the year.Argentina - Population Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Population (million) | 42.2 | 42.7 | 43.1 | 43.6 | 44.1 |
Argentina Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 6.69 | 0.15 % | Dec 17 |
| Exchange Rate | 39.86 | 0.45 % | Sep 14 |
| Stock Market | 30,177 | 2.26 % | Sep 14 |
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Economic News
Argentina: Central Bank maintains tight monetary conditions despite plunging economic activity
September 12, 2018
At its latest meeting held on 11 September, the Central Bank of Argentina (Banco Central de la República Argentina, BCRA) decided to leave the seven-day liquidity bills rate (seven-day LELIQ rate) unchanged at an all-time high of 60.00%.
Argentina:
September 4, 2018
Industrial production contracted 5.7% over the same month of last year in July, according to data released by the National Statistical Institute (INDEC) on 4 September.
Argentina: Consumer sentiment remains in the doldrums in August
August 24, 2018
The Universidad Torcuato di Tella (UTDT) consumer confidence index was stable in August from July at 36.3 points, and just a notch higher than June’s four-year low.
Argentina: Economic activity plummets further in June
August 23, 2018
The monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) contracted 6.7% in annual terms in June, deteriorating from the 5.2% contraction recorded in May (previously reported: -5.8% year-on-year) and marking the worst performance in nine years. June’s contraction came on the back of significant annual declines in agricultural and industrial output, as well as severely restricted trade activity.
Argentina: Trade deficit widens in July
August 22, 2018
Exports rebounded in July, expanding 1.7% in year-on-year terms following June’s revised 1.0% contraction (previously reported: -1.4% year-on-year).
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