The Lateness of Argentine Families Rose by 13% and Warn of the Deterioration of Employment and Wages
5 Articles
5 Articles
The Argentine economy is experiencing an unequal recovery, with sectors such as agriculture, energy and mining showing dynamism while industry, construction and trade - with a greater impact on employment and daily activity - continue to lag behind. In parallel, concern about the deterioration of the financial situation of families grows, in a scenario marked by the increase in late payments, the loss of purchasing power and a migration to lower…
The Lateness of Argentine Families Rose by 13% and Warn of the Deterioration of Employment and Wages
The financial situation of Argentine families shows signs of strong deterioration: the late payment of loans granted to households went from just above 3% a year ago to around 12,75%, a level considered historically high. The data was highlighted by the economist Carlos Pérez, director of the Capital Foundation and former general manager and director of the Central Bank, who warned that the difficulties in dealing with debts appear in a scenario…
The Argentine economy goes through a stage marked by inflation that continues to slow down, although with a recovery that still presents strong differences between sectors and that does not manage to move homogeneously to the income and consumption of households. The diagnosis was presented by Carlos Pérez, director of the Capital Foundation and former general manager and director of the Central Bank, who said that the main economic challenge is…
An interactive map shows how the indebtedness of Argentine families became a symptom of the dynamics of fiscal adjustment.
Credit arrears increased sharply in one year, while registered employment, wages and consumption show difficulties.
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