Driven by primary products of national origin, wholesale prices grew by 5.6% in January, above retail inflation for that month, the INDEC reported yesterday. Compared with January 2020, the indicator accumulated growth of 40.8%, according to official statistics, and for the first time since April, last year exceeded the 40% mark.
Day: February 19, 2021
The cost of construction rose by 3.1% in January
Compared with last December's figures, the general level of the construction cost index (CCI) in Greater Buenos Aires rose by 3.1% in January. It resulted from a 5.9% increase in Materials, a 0.6% rise in Labour and a 1.8% increase in general expenses. In year-on-year terms, the cost of construction increased by 38%.
Globant to invest $2.7 million in ELSA app
On Thursday, argentine-owned multinational Globant announced a $2.7 million investment in the ELSA app to contribute to the development of the platform that uses artificial intelligence to help students improve their English speaking and pronunciation skills.
Buenos Aires’ government presented a plan to improve 1,500 km of rural roads for $78.6 mn
Buenos Aires' government presented a plan to improve 1,500 kilometres of rural roads that will require an investment of almost 7 billion pesos ($78.6 mn). The planned works include road stabilisation, drainage, roadside reshaping, installing metal railings in critical sectors and vertical signage to promote more excellent road safety. This plan covers some 1,500 kilometres, 1,200 of which have the provincial infrastructure.
Argentina exported 120,000 tonnes of alfalfa products in 2020 for $34.6 mn
According to Indec data, between the categories of meal and pellets, plants, roots, and fodder products (this segment includes hay). Argentina exported 120,000 tonnes of alfalfa products in 2020 for 34.6 million dollars.
