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📣🇦🇷 Busy week: the summary of the most important
🔹Reduction of export taxes on agriculture: expectations for today's announcement
🔹The IMF staff acknowledges progress and gives the green light for the disbursement of US$2.000 million
🔹Moody's upgrades the rating of 8 Argentine companies after the improvement in sovereign debt
🔹Economic activity rose 5% year-on-year in May
🔹Argentina exits the world podium of inflation after almost 3 years
🔹Big Mac Index: Argentina dropped from 2nd place to 21st in just six months
🔹Regulations were established for the direct purchase of household appliances made in Tierra del Fuego, tax-free
🔹Consumption began to show signs of recovery in June, with expectations of improvement in the coming months
🔹Household consumption grew 45% in the first half of the year and reached the third highest level since 2008, driven by vulnerable sectors
🔹Consumer confidence on the rise: reached its best sustained level since 2017
🔹The recovery in consumption is also seen at gas stations
🔹In May, salaries doubled inflation, according to INDEC
🔹Mining record on the way thanks to the price of gold
🔹Argentine industry: signs of recovery, but with challenges
🔹Automotive market: registrations grew 85% in the first half
🔹Real estate market in CABA: in June, mortgage loans reached the best record since 2009
🔹June exchange balance: for the first time in a year, it showed a surplus thanks to agricultural settlements
🔹Argentines bought dollars like they hadn't since 2020
🔹Meat consumption exceeds 50 kilos per person per year again
🔹Trade balance: June closed with the best balance of the year
🔹RIGI underway: 6 projects have already been approved for a total of US$12.800 million.
🔹Mercado Pago joins the global PayPal World
