Unemployment in Argentina
Argentina - UnemploymentAlthough still bleak, the economic panorama seems to be brightening somewhat. Activity plunged throughout Q1, as did industrial production. Runaway inflation and sky-high interest rates, together with plunging real retail sales, suggest consumer spending and investment activity remained in the doldrums. However, a weaker peso and growing agricultural production are supporting the ongoing external adjustment. Moreover, the month-on-month increase in consumer prices moderated in April after three months of acceleration, and April’s primary fiscal surplus followed Q1’s positive fiscal outturn. As October’s elections approach, the political landscape is heating up. In mid-May, ex-President Cristina Fernández de Kirchner announced she will run for vice-president on a ticket headed by her former cabinet chief Alberto Fernández. Given the presidential candidate’s moderate credentials, the risk of a return to radically interventionist policies seems less of a threat.
Argentina - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Argentina Unemployment Chart
Source: National Statistical Institute (INDEC).
|Bond Yield||6.69||0.15 %||Dec 17|
|Exchange Rate||43.33||0.45 %||Jun 19|
|Stock Market||39,862||2.26 %||Jun 19|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
June 20, 2019
Economic activity in the first quarter plummeted 5.8% in year-on-year terms, according to the Statistical Institute (INDEC).
June 14, 2019
National consumer prices rose 3.1% over the previous month in May, coming in below April’s 3.4% month-on-month increase, and marking the second consecutive month of deceleration, according to the National Statistical Institute (INDEC).
June 5, 2019
Industrial production fell 8.8% over the same month of last year in April, according to data released by the National Statistical Institute (INDEC) on 5 June.
May 24, 2019
Exports rebounded, albeit timidly, and grew 1.7% in year-on-year terms in April, contrasting March’s 5.0% contraction.
Argentina: Consumer confidence at over one-year high in May, but remains entrenched in pessimistic terrain
May 24, 2019
The Universidad Torcuato di Tella (UTDT) consumer confidence index rose to 36.5 points in May from 34.4 points in April, marking the best result in 13 months.