inflation

A dubious honor. Argentina has the highest inflation in Latin America. https://en.mercopress.com/2024/07/13/argentina-tops-list-of-latam-countries-with-the-highest-inflation-for-the-9th-straight-month?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss&ct=t(RSS_EMAIL_CAMPAIGN)

According to Bumeran, the main job portal in Argentina, the average salary expected by Argentinians increased by 69% in the first five months of the year, reaching $919,089 in June, which is 7.57% higher than in May. While this reflects the expected salary, what is the actual average salary...

I think it's smart to put the brakes on the shock therapy. If not, I doubt people will stay have too much patience. https://finance.yahoo.com/news/milei-dials-back-shock-therapy-124517574.html

With inflation it has been rough. Building HOA monthly expenses have gone up 88% from January to June 2024. the year on year increase is 272% increase. Ouch. I see that trend in my apartment. Fees have gone way up more than these figures. Mine just this year have gone up 150%. Probably headed...

Now you are starting to see people talk about what I have mentioned about him. Smoke and mirrors. People are seeing the Emperor has no clothes on...

Slowly but surely. https://www.gatewaytosouthamerica-newsblog.com/bbva-bank-argentines-president-milei-is-finally-getting-some-traction-on-lowering-inflation/

Unfortunately a sad reality for many in Argentina! Can't afford to eat. https://www.reuters.com/markets/europe/eating-is-luxury-argentina-inflation-falls-shoppers-still-feel-squeezed-2024-06-13/

Sometimes I think they don’t see what’s really happening, and on top of that, they come out with these statements that we all know aren't true. https://www.infobae.com/economia/2024/06/10/el-gobierno-afirmo-que-los-salarios-le-ganan-a-la-inflacion-que-dicen-los-datos/

Mortgage loans: A bank launched a line with installments that are not adjusted for inflation - La Nacion Propiedades Source: https://www.lanacion.com.ar/propiedades/casas-y-departamentos/un-nuevo-banco-lanza-creditos-hipotecarios-que-no-se-ajustan-por-inflacion-nid06062024/ June 06, 2024...

This is going to hurt many low income people that are already struggling to survive. Milei begins to slash energy subsidies for low-income Argentines https://www.batimes.com.ar/news/economy/milei-begins-to-slash-energy-subsidies-for-low-income-argentines.phtml

Electricity and gas: from July rates will increase every month based on inflation - Infobae Source: https://www.infobae.com/economia/2024/06/05/luz-y-gas-desde-julio-las-tarifas-aumentaran-todos-los-meses-en-base-a-la-inflacion/ June 05, 2024 The Government is preparing a mechanism to...

Argentina's inflation once again exceeded that of Venezuela in May: it was the highest in the region - Infobae Source: https://www.infobae.com/economia/2024/06/05/la-inflacion-de-la-argentina-volvio-a-superar-a-la-de-venezuela-en-mayo-quedo-como-la-mas-alta-de-la-region/ June 05, 2024 This...

Wow these statistics are staggering. I always knew tourism was very important for Argentina. It will help it get out of this economic mess. This report says by the end of this year tourism will account for 11% of total jobs in the entire country. Hopefully this road tour of Milei will not...

So many things have gotten worse for everyone after the elections. https://www.reuters.com/world/americas/argentinas-300-inflation-propped-up-peso-spawn-paraguay-border-ghost-town-2024-05-27/ Non Paywall:

The impact of inflation on the price of premium homes: How much of the increase in construction costs will be passed on to those for sale? - Infobae Source...

Javier Milei confirmed that he will close the Central Bank: “We are very successfully taming inflation” - Infobae Source: https://www.infobae.com/politica/2024/05/17/javier-milei-ratifico-que-cerrara-el-banco-central-estamos-domando-con-mucho-exito-la-inflacion/ May 17, 2024 The President...

Commuters in Buenos Aires will see subway fares quadruple Friday morning, a consequence of President Javier Milei’s austerity drive. https://www.bloomberg.com/news/articles/2024-05-16/buenos-aires-subway-fare-to-quadruple-friday-to-574-pesos Non Paywall version: https://archive.is/d3ZPC

Eight out of ten professionals consider that they were unable to rebuild their income due to the effect of inflation - Infobae Source: https://www.infobae.com/economia/2024/05/17/ocho-de-cada-diez-profesionales-considera-que-no-pudo-recomponer-sus-ingresos-frente-al-efecto-de-la-inflacion/...

The Buenos Aires Legislature approved the inflation increase of the ABL, the real estate tax and patents - Infobae Source: https://www.infobae.com/politica/2024/05/16/la-legislatura-portena-aprobo-el-aumento-del-abl-el-impuesto-inmobiliario-y-las-patentes/ May 16, 2024 In addition...

Most are saying the same thing that although the official numbers are going down they barely feel it. The article does a good job of stating how even if shopkeepers want to lower prices they can't as everything is going up in price. There is a limit to what cash strapped consumers can buy so...