Argentina's Portal
Briefing
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Country Briefings provides carefully
researched aggregated information covering the economy, stock market,
politics and corporate affairs.
These extracts are from the The Economy section of
Argentina's Briefings.
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Extract from the Briefing covering the period 05/04/2005-22/05/2005
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| IMF Defers US$2.5 Billion in Repayments
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| According to a study by local consultancy Trends Consulting, in Q1 2005 personal computer (PC) sales rose by 50% compared to the same quarter of 2004 to a total of 208,436 units. Leading the market we...
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Extract from the Briefing covering the period 23/02/2005-04/04/2005
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| 2004 Economic Growth at 12-Year High
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| Data released by the national statistics agency, INDEC, showed that goods-producing sectors increased by 9.7% during the fourth quarter of 2004, compared to a year earlier, driven by manufacturing (wh...
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Extract from the Briefing covering the period 07/01/2005-22/02/2005
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| GDP Growth of 8.8% in 2004 Beats Forecast
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| Government data showed that farm exports in 2004 surged by 14% from a year earlier to US$13.5bn, following strong sales of wheat, beef, poultry and dairy products. The national food and animal health ...
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Extract from the Briefing covering the period 15/11/2004-06/01/2005
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| Launch of Record US$102.6bn Debt Swap to go Ahead
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| In October the primary fiscal surplus reached Ps1.51bn, bringing the cumulative surplus to Ps18.3bn for the first ten months of the year (Ps5.6bn higher than the full-year target agreed with the IMF)....
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Extract from the Briefing covering the period 20/09/2004-14/11/2004
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| New Restructuring Plan Unveiled for US$100bn of Defaulted Debt
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| The Economy Ministry said that tax revenues increased by 28.2% y-o-y in October to Ps8.1bn (US$2.7bn), the lowest monthly increase in tax revenues since the 27.8% increase recorded in January this yea...
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Extract from the Briefing covering the period 28/07/2004-19/09/2004
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| IMF Gives One Year Reprieve on Debt Repayment
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| The IMF on September 17th gave the government a one-year extension on repaying the US$1.1bn in debt that was scheduled to be made between September and January 2005.
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Extract from the Briefing covering the period 21/06/2004-27/07/2004
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| Government Awaits IMF's Third Review
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| The central bank has forecast inflation at 7.0% for 2004. Retail consumer prices rose 3.7% in 2003 after inflation hit 41% in 2002 during Argentina's economic crisis.
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Extract from the Briefing covering the period 27/04/2004-20/06/2004
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| Inflation Near 16-Month High in May
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| In April supermarket and shopping centre sales increased at their fastest rate for three years, as consumer confidence remained high despite investor gloom over energy shortages. During the month supe...
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