Overview
- Production costs have surged 25% as higher utility tariffs and reduced output drive up unit expenses, industry group CAME warns.
- At least 80 large multinational firms have exited the country this year, citing low profitability, high operating costs and restrictions on outbound dividend transfers.
- President Javier Milei issued decree 534/2025 to veto pension increases, a two-year social security moratorium and a disability emergency law for lack of funding.
- A private survey from EMEC forecasts 26.8% annual inflation for 2025 and projects the official dollar rate will reach ARS 1,468.69 by year-end after July’s 1.8% price gain.
- Durable goods, cement and real estate sales are rebounding strongly while supermarkets and wholesalers lag, and food and beverage prices remain steady as industry groups limit pass-through.