Poverty in Argentina increased to 42% of the population in the second half of 2020 from 40.9% recorded in the previous semester, an increase of 1.1 percentage points was recorded, extreme poverty remained at 10.5%. There are 12 million Argentines below the poverty line.
The price of soybeans jumped more than $25 in the Chicago market on Wednesday, while corn advanced about $10, boosted by new U.S. planting estimates that were lower than those projected by traders.
Sales of new vehicles totalled 36,591 units in March, which represented an increase of 105.3% year-on-year concerning the same month of 2020 when the government implemented the mandatory preventive isolation due to the coronavirus. March sales were 20% higher than last February.
According to the International Investment Position data published by INDEC, residents had $250.4 billion saved in dollars outside the local financial system at the end of last year. Thus, such funds represented more than 60% of foreign financial assets.
Naturgy reported losses in Argentina of 14.715 billion pesos ($160.15 mn) for the year ended December 31, 2020. The Spanish-owned company is the second-largest gas distributor in the country and has kept its tariffs frozen since April 2019.