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ARGENTINA: Government Lifts Price Controls On Goods And Services

ARGENTINA
BulletEM BulletEmerging Market News
  • The government has lifted price controls and other regulations governing the sale of a range of goods and services, according to resolutions published in the official gazette. The items mentioned in the resolutions include food products such as beef, dairy products and potatoes, private schools and auto parts.
  • On the data front, the calendar remains clear, as the market reopens from yesterday’s public holiday. Later this week, October trade stats are due tomorrow, while economic activity figures for September will cross on Friday.
  • Alongside other regional leaders, President Milei will attend the G-20 summit in Rio today. Yesterday, the government was expected to have signed an agreement with Brazil on the sidelines of the summit to increase exports of natural gas from the Vaca Muerta field to Brazil. Argentina is expected to export 2mn cubic meters per day once the agreement is signed.
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  • The government has lifted price controls and other regulations governing the sale of a range of goods and services, according to resolutions published in the official gazette. The items mentioned in the resolutions include food products such as beef, dairy products and potatoes, private schools and auto parts.
  • On the data front, the calendar remains clear, as the market reopens from yesterday’s public holiday. Later this week, October trade stats are due tomorrow, while economic activity figures for September will cross on Friday.
  • Alongside other regional leaders, President Milei will attend the G-20 summit in Rio today. Yesterday, the government was expected to have signed an agreement with Brazil on the sidelines of the summit to increase exports of natural gas from the Vaca Muerta field to Brazil. Argentina is expected to export 2mn cubic meters per day once the agreement is signed.