Hernan Nessi

Argentina's monthly inflation rate slowed to 2.2% in January, its lowest level since mid-2020, while landing slightly below analyst estimates, data from the INDEC statistics agency showed on Thursday.

Argentina likely logged the largest trade surplus in its history in 2024, a Reuters analyst poll released on Friday showed, on the back of libertarian President Javier Milei's bid to boost grains and energy exports in his first full year in office.

Argentina's monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts polled by Reuters.

Argentina's economy is expected to have contracted 2.6% in the third quarter of 2024 versus a year earlier, the sixth straight such decline, but expanded against the quarter before, breaking a technical recession going back to the end of last year.

Argentina's monthly inflation is likely to have remained under 3% in November, near its lowest level of the year but slightly up from the month before, underscoring the challenge for libertarian president Javier Milei to rein in prices.

Argentina's libertarian president, Javier Milei, a political outsider who won election last year brandishing a chainsaw as a blunt symbol of his plans to cut spending, is defying long odds to right the embattled economy and keeping a lid on voter anger.

Argentina's economic activity grew 0.2% in August from July and fell less than expected from a year ago in the South American country's third straight month of year-on-year contraction, its official statistics agency said on Wednesday.

Argentina likely had a trade surplus for the tenth straight month in September under libertarian President Javier Milei, helping to accumulate a net $16 billion in hard currency since he took office,analysts said in a Reuters poll on Wednesday.

Argentina's monthly inflation rate is expected to have slowed to 3.5% in September, which would be the lowest monthly rate since the end of 2021, a Reuters poll of economists showed on Tuesday.

Argentina's poverty rate rocketed to 52.9% in the first half of 2024, the government's INDEC statistics agency said on Thursday, surging from 40.1% a year earlier.