MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

New Minimum Wage To Be Set, ‘Substantial Reduction’ In Inflation Expected

ARGENTINA
  • Reports suggested that Argentina will set a new minimum wage between Monday and Tuesday, according to Economy Minister Luis Caputo in an interview with La Nacion. Additionally, the economy minister said Argentina inflation will be closer to 10% than 20% in February, experiencing a “substantial reduction”.
  • When asked if he considered adjusting Argentina’s 2% crawling peg, Caputo said the decision about the official exchange rate depends on the central bank and how fast inflation falls. Caputo said Milei’s omnibus bill, which is stalled in congress, could be picked up again for another round of debates at any moment. - BBG
  • Separately, a deal between the EU and Mercosur that “makes everyone happy” may not be possible so the South American trade bloc is mulling breaking the treaty into parts, Argentina’s foreign minister said.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.