Economy

Inflation through the roof: what happened to the purchasing power of retirees

Inflation through the roof: what happened to the purchasing power of retirees

Every time we go to a supermarket or local business, such as a greengrocer, butcher or bakery, we vilely see how our money is devalued. Retirees are no exception, of course. In recent years, they suffered a sharp loss of purchasing power. According to a report from the Argentine Institute of Fiscal Analysis, ANSES retirees who earned the minimum received in December 2022 a credit with a loss of 11% compared to 2017. If the comparison is made on an annual basis, the drop in purchasing power in this 5-year period is 19.3% in real termsthe equivalent of 2.3 minimum…
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The Secretary of Commerce published the 316 school products of “Fair Prices”

The Secretary of Commerce published the 316 school products of “Fair Prices”

The Secretary of Commerce announced the Complete list of the products that will be part of the "School Basket" within the "Fair Prices" program. The measure will be Valid until Friday March 31. According to what was reported, it will have more than 300 school supplies and clothing at fixed prices in supermarket chains and affiliated bookstores throughout Argentina. He Secretary of Commerce, Matías Tombolini highlighted, in an interview with Radio 10, that the measure will achieve "order, predictability and relief to the pocket". He also stressed that "it will bring relief to the pocket of moms and dads who…
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How much did the blue dollar close today, Wednesday, February 8, 2023

How much did the blue dollar close today, Wednesday, February 8, 2023

He blue dollar today Wednesday February 8th from 2023 closed in the informal market to $376.00 for purchase and $381.00 for sale. The parallel North American currency in today's session presents a $4 rise in relation to the initial values ​​with which it began the day. The informal currency climbed four pesos in its last session, after recording its biggest daily drop in more than a month during the session at the beginning of the week. So far in 2023, the informal dollar accumulates a rise of $31 after closing 2022 at $346. The opposition responded to Rubinstein for the…
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Miles of meters of rails were stolen from the Patagonian Train

Miles of meters of rails were stolen from the Patagonian Train

Last week it was reported theft of more than 1,800 meters of rails, together with their respective sleepers and bolts, near the Aguara Station (Buenos Aires province). The company Tren Patagonico contacted Argentine Trains. The latter has already made itself available to locate track material that can be sent to the area and thus be able to put the infrastructure back together as soon as possible, according to information from the Rieles multimedia portal. In recent weeks, Tren Patagonico had carried out a cleaning with the aim of transferring rolling stock to its network. It was projected to have a…
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RadioProfile |  Meat price: “There will be new increases in the next sixty days”

RadioProfile | Meat price: “There will be new increases in the next sixty days”

The president of the Chamber of Industry and Commerce of Meat and Derivatives, Miguel Schiariti, affirmed that the rise in prices of the hacienda were also validated in the price of meat at the butcher's counter. Schiariti estimated that in the next sixty days there will be new price adjustments in favor of the farm, but it remains to be seen if it will be supported by customers in butcher shops and supermarkets. Listen to Miguel Schiariti's word in an interview with Facundo Mesquida for Radio Perfil FM 101.9. by Facundo Mesquida image gallery
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New increase in the electricity rate for AMBA users

New increase in the electricity rate for AMBA users

The National Electricity Regulatory Entity presented the increase in electricity tariffs that correspond to the metropolitan area of ​​Buenos Aires. The energy department, Flavia Reyonannounced on Monday that in April and June there will be two staggered increases in electricity user bills in the Metropolitan Area of ​​Buenos Aires (AMBA) and that for the majority of households the increase will not exceed $400, says Télam. The increases arranged that apply from this month are the following: * 29% for public agencies and entities that provide health and education services. * 30% for residential users with demand in excess of 800…
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Real today: how much it trades this Monday

Real today: how much it trades this Monday

He royal official Today, Monday, February 6, 2023, is listed in the previous market opening at $35.25 for purchase and $39.25 for sale, according to the blackboard of the National bank Argentina (BNA). is averagethe Brazilian currency operates at the buying point at $34.21 and in the saleswoman $40.28. is the legal tender of brazil since 1994. Currently, it is the Strongest currency in Latin America. Previously, in 1942, a first version of the real circulated that was replaced by the cruzeiro. Common currency with Brazil: Delirium or genius? He symbol of the Brazilian real is R$ and currently has…
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The aging of the population in Latin America opens the employment door to more women

The aging of the population in Latin America opens the employment door to more women

He aging of the population expected for Latin America in 2050 poses challenges for local governments, but also opportunities to reduce gaps. The incorporation of women and excluded sectors in the labor market can be the solution for the greater pressure on the retirement system and the health system. The document prepared by the United Nations and entitled World Social Report 2023: Leaving no one behind in an aging world, affirms that by 2050 the region will have an average of 17% of people over 65 years of age among its population. Today that figure is 8.1%. This is not…
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Automotive: 86 thousand new jobs

Automotive: 86 thousand new jobs

Industrial production continues to rise and is confirmed as one of the main drivers of the level of activity and the generation of private formal employment in Argentina. The automotive industry began 2023 with positive data and recorded a 45.8% increase in January compared to the same month last year. Meanwhile, industrial employment reaches the highest level since June 2018, accumulating thirty consecutive months of expansion, registering more than 86 thousand new jobs, in relation to December 2019. “There are two models of the country: the financial speculation of the previous government, which led thousands of families to lose their…
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