The car production dropped 2.3 percent in February compared to the volume registered during the same month in 2012, while the sales of brand new vehicles increased 6 percent year-on-year.
The inflation hit 0.5 percent in February compared to the volume registered in January, according to the Indec national statistics bureau.
The trade surplus totalled at $521 million dollars in February, dropping 61.1 percent compared to the volume registered during the same month in 2012, according to the Indec national statistics bureau.
Salaries gained 28.8 percent in March compared to the same month last year, while it accumulated a 3.9 percent increase during the first quarter of 2012, according to the Indec national statistics bureau.
The Government extended again their intervention into the TBA trains -which runs the Sarmiento and Mitre lines- for a further fifteen days, in the ongoing investigation into what caused the Once train crash which killed 51 people. The intervention was first opened on February 28.
AFIP head Ricardo Echegaray revealed yesterday that February’s tax revenue was 60.89 billion pesos (US$12.05 billion), up 28.8 percent from last year.
The Public Services Synthetic Index registered a 9.4 percent increase in February year-on-year, according to the Indec national statistics bureau.
The economy grew 5.2 percent in February year-on-year, and registered a slight drop due to the expansion rythm of the previous month, the Indec national statistics bureau reported.
Construction activity grew 5.2 percent in March compared to the volume reported during the same month last year, according to the Indec national statistis bureau.
Shopping mall sales climbed 17.4 percent in February in comparison to the volume registered during the same month of 2011, the Indec national statistics bureau. reported.
Supermarket sales rose 17.7 percent in February compared to the same month last year, according to the Indec national statistics bureau.
The construction activity dropped 4.5 percent in February compared to the volume registered the same month last year, according to the Indec national statistics bureau.
The Economy Ministry confirmed that the fiscal surplus reached $697.5 million pesos in the second month of the year.
The trade surplus has climbed 120.6 percent and totalled 1.341 billion dollars in February year-on-year, boosted by the trade controls and leading to the first imports’ drop in the last two years, according to the Indec national statistics bureau.
After 28 consecutive months, the industrial output dropped 0.8 percent in February compared to the same month last year, according to the Indec national statistics bureau.
New car sales dropped for the first time in 28 months and plunged 3.51 percent in February in comparison to the same month of 2011. Meanwhile car sales increased 4 percent during the first two months of the year in comparison to the volume registered during the same months of 2011.
Opposition Lawmakers presented the inflation index based in the analysis of private agencies, which reached 1.65 percent in February against the volume registered in January.
The inflation reached 0.7 percent in February against the previous month, and accumulated a 1.7 percent increase in 2012 so far, according to the Indec national statistics bureau.
Domestic Trade Secretary Guillermo Moreno is to form part of the group of officials who will supervise the new import controls published in the Official Gazette today by the Interior Commerce Secretary. The new measures make it compulsory to declare in advance all import operations under oath. The measure will be put into effect from February.
Buenos Aires City Deputy Mayor María Eugenia Vidal questioned the National Government’s new transport fare tariffs for non-SUBE card users and stated that they needed to “be clearer” regarding the removal of subsidies on bus and train fare costs. Vidal also underlined that the Subte will maintain the $2.50 cost in February for customers utilizing all payment types.
Argentina's tax revenue rose 28.7 percent in February from the same month a year earlier to $47.28 billion pesos, AFIP tax agency said.
The amount of tourists that arrived in Argentina during February increased 9.3 percent compared to the same month of 2010 and totalled 203,766 people, according to a government report.
Supermarket sales climbed 18.1 percent during March compared to the volume registered in the same month last year, according to the Indec national statistics bureau.
Next year Argentina will see a total of eighteen holidays after Congress passed a bill that will make next February 27 a one-time-only national holiday in order to celebrate the creation and first swearing-in of the Argentine flag.
Supermarket sales rose 15.5 percent in February compared to the volume reported during the same month last year, the Indec National Statistics Bureau reported.
The construction activity rose 13.2 percent in February compared to the volume registered during the same month last year, the Indec national statistics bureau reported.
The General Level of the Wages' Index rose 1.14 percent during February 2011 compared to the volume reported in the previous month.
According to the Indec national statistics bureau, the Basic Food Basket registered a slight increase of 0.02 percent in February and stood at $580.26. Meanwhile, the Total Basic Basket rose 0.5 percent to $1,271.51.
Fiscal surplus totalled 1.4 billion pesos (347 million dollars) and rose 19.5 percent in February compared to the volume registered during the same month last year, Economy Minister Amado Boudou reported.
President Cristina Fernández de Kirchner anticipated the rise in industrial activity during the month of February this year, stating that it had risen by 9%. The figures are yet to be confirmed by the INDEC national statistics bureau, tomorrow afternoon.
Treasury Secretary Juan Carlos Pezoa and the head of the AFIP, Ricardo Echegaray, reported February’s tax revenue reached 36.750 billion pesos (8.850 billion dollars).
The Foundation for Latin American Economic Research (FIEL) reported the Basic Food Basket (CBA) rose 2.9 percent in February compared to the previous month, totalled ARG$1,174.20 in Buenos Aires City.
Inflation hit 0.7 percent in February compared to the volume registered during the previous month, due to increase in clothing sector and leisure activities, according to the Indec National Statistics Bureau.
US employers stepped up hiring in February, adding a greater-than-expected 236,000 workers to their payrolls and helping to push the jobless rate to a four year-low in a bright signal on the economy's health.
Greece's conservative New Democracy party dropped its insistence on holding elections as early as Feb. 19, potentially giving technocrat Prime Minister Lucas Papademos a few more weeks to pass reforms and get a vital debt restructuring deal.
Republican front-runner Mitt Romney appeared headed to an easy win in Nevada on Saturday that would put him in firm command of the party's see-sawing presidential nominating race.
New Zealand's Anglican church will build a temporary cathedral made of cardboard in earthquake-devastated Christchurch as it works towards a permanent replacement for its 131-year old landmark destroyed last year.
Lock forward Paul O'Connell will captain Ireland in the 2012 Six Nations Championship, the Irish rugby union said on its website today.
Whitney Houston's ex-husband Bobby Brown struck back at claims he was responsible for getting the pop star hooked on drugs or that he somehow played a role in her cocaine-fueled death in February.