As of 1 March, the stabilised energy price will increase by 90%. It will go from 2,910 pesos ($32.53) to 5,500 pesos ($61.49) per megawatt per hour for non-residential users who consume more than 300 kW power. The final impact will be, on average, 50%, but in some cases, it will reach 70%.
The price of soybeans jumped more than u$s8 in the Chicago market, driven by robust Chinese demand, closing the day at $516.62 per ton, in a round in which cereals also traded with increases.
Exports by mining companies operating in Argentina totalled $2.6 billion last year, representing a 19% drop compared to 2019 figures. However, in December, they showed a recovery of $304 million, up 7% year-on-year.
Sales of electrical appliances and household goods grew by 66.8% year-on-year in the fourth quarter of the previous year. Turnover at current prices, incorporating the impact of price increases, totalled 67,992.6 million pesos ($760 mn) in the fourth quarter.
The software industry generates more than 125,000 jobs in Argentina. The government's goal is to end the decade with around 500,000 people from all over the country, within the regime's framework for the promotion of knowledge economy activities.