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The economic malaise is imposed in the first polls of September
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The economic malaise is imposed in the first polls of September

In early September, Argentina's Minister of Economy, Luis Caputo, presented projections for the 2027 budget, forecasting a 4% GDP growth, an average inflation rate of 21.1% (later adjusted down to 18% by President Javier Milei), and a 25.4% increase in average wages. The budget also aims for four consecutive years of financial surplus. However, these economic forecasts contrast sharply with national surveys conducted in September, which show widespread pessimism among the population regarding their economic situation. According to data from Proyección Consultores, 70.1% of voters reported that their family's economic condition remained the same or worsened compared to 29.3% who said it improved or stayed the same, resulting in a negative balance of nearly 41 percentage points. Expectations for the next six months remain largely negative, with 63.1% expecting worsening conditions versus 37% optimism. Surveys also indicate that over 73% believe the economy has deteriorated or remained stagnant since last year, while only 27.2% see improvement.

In September 2026, economists with the Ronda de Economistas (RDEco) analyzed why Argentina failed to take advantage of certain opportunities to issue debt abroad. José Siaba Serrate questioned the government’s decision not to capitalize on these financial windows, calling the approach “strange.” He highlighted the experience of Economy Minister Luis Caputo, stating that the government has “the best debt issuer Argentina has had in recent years, by several margins.” During a discussion on the new Perfil channel, Siaba Serrate examined missed international financing opportunities and suggested the need to review the economic program’s design. Other participants included Ignacio Bongiovanni, who addressed fiscal balance, inflation, and public perception of the dollar. Siaba Serrate pointed out that there were at least two clear opportunities for issuing debt, one of which seemed like a natural outcome. He argued that recovering access to international financing could provide flexibility to the economic program. “More than proceeding step by step, we should revise the entire program,” he said, adding that having fiscal space would help complement the plan. He also praised Argentine companies, noting that YPF successfully raised $1.2 billion through a highly subscribed issuance. Bongiovanni agreed with the need for early changes, suggesting that the government should explore measures before elections. He emphasized the importance of fiscal balance as a structural change, expressing hope that President Javier Milei would be re-elected. However, even if Milei did not run again, Bongiovanni believed the concept of fiscal equilibrium should remain. On inflation, Bongiovanni distinguished it as both a monetary and fiscal phenomenon, attributing it to systematic overspending by the state. He explained that deficits were financed through monetary emission. Regarding the peso, he linked the preference for the dollar to a loss of confidence in the national currency: “The Argentine does not go to the dollar out of love for it. It is fear of the peso.” He concluded that sustained recovery requires a well-ordered macroeconomic framework so that people can regain trust in the peso. Meanwhile, in other reports, political tensions continued. A newspaper article criticized a budget proposal as misleading, comparing it to past flawed budgets. The piece accused the administration of using the Malvinas dispute as a tool for political gain, while also highlighting concerns over economic mismanagement and lack of transparency. In separate surveys conducted in September, economic pessimism remained widespread. According to Proyection Consultores, nearly 70% of respondents felt their economic situation had worsened or stayed the same, compared to just 29.3% who reported improvement or stability. Optimism was minimal, with a negative sentiment gap of almost 41 percentage points. Expectations for the next six months showed slight improvement, but the overall outlook remained bleak, with pessimism reaching 63.1%. Analogías survey data echoed similar trends, with 61% reporting a worsening economic condition, 23% indicating no change, and only 13.4% seeing improvement. Across all demographic segments, gender, age, education level, the majority expressed concern. Looking ahead, 41.1% of respondents expected their economic situation to worsen in the coming year, while 23% anticipated no change and 26% remained optimistic. The evaluation of the government’s economic management was largely negative, with nearly 51% giving the lowest possible rating. Pessimism reached 59.2% among those rating the economy poorly, rising further to 71% when including those who gave low scores. According to Explanans, 57.4% of voters reported that their financial situation had deteriorated, with 21% saying it had not changed and 22% reporting improvement. In the last two months, economic dissatisfaction rose again, approaching levels seen in March 2024. Well-being remained below the core of the ruling party’s base.

How this report was made. Objective News wrote this report from 2 source articles, using AI-assisted synthesis under our methodology. It is our own text, not a copy of any single outlet. Read our methodology.

Responsible editor: Matej BašaSpotted an error? Report it

3 reports

Perfil logoPerfilIndependentCenterFactual 85Objective 78
The economic malaise is imposed in the first polls of September

In early September, Argentina's Minister of Economy, Luis Caputo, presented projections for the 2027 budget, forecasting a 4% GDP growth, an average inflation rate of 21.1% (later adjusted down to 18% by President Javier Milei), and a 25.4% increase in average wages. The budget also aims for four consecutive years of financial surplus. However, these economic forecasts contrast sharply with national surveys conducted in September, which show widespread pessimism among the population regarding their economic situation. According to data from Proyección Consultores, 70.1% of voters reported that their family's economic condition remained the same or worsened compared to 29.3% who said it improved or stayed the same, resulting in a negative balance of nearly 41 percentage points. Expectations for the next six months remain largely negative, with 63.1% expecting worsening conditions versus 37% optimism. Surveys also indicate that over 73% believe the economy has deteriorated or remained stagnant since last year, while only 27.2% see improvement.

Bias read (Center): The article presents factual economic projections and survey results without overtly favoring any political side. It reports both the government's optimistic budget forecasts and the contrasting pessimistic public sentiment captured in polls. There is no evident ideological framing or biased wording

Why factuality (85): The article reports on economic projections presented by Minister Luis Caputo and references subsequent survey data from Proyección Consultores. It accurately reflects the figures provided by Caputo and aligns with the general trend of pessimism reported in national surveys. The article does not int

Why objectivity (78): The article presents both the government's economic projections and public sentiment data, but it frames the outcome as 'pesimismo económico dominante' which carries a somewhat negative tone. While it provides balanced statistics, the overall narrative leans towards highlighting public dissatisfacti

Perfil logoPerfilIndependentCenterFactual 85Objective 70
RDEco analyzed why Argentina did not take advantage of some windows to place debt abroad

The article discusses criticism from economist José Siaba Serrate regarding the Argentine government's failure to take advantage of international debt market opportunities. He highlights the expertise of Minister of Economy Luis Caputo but questions the political decisions surrounding financing. The discussion takes place within the RDEco platform, part of Editorial Perfil. Siaba Serrate points out specific instances where Argentina could have issued foreign debt, referencing Ecuador’s actions as a comparison. He argues that accessing international funding would provide flexibility for the economic program. Additionally, economist Ignacio Bongiovanni emphasizes the importance of fiscal balance and attributes inflation to monetary policies driven by fiscal deficits. Both experts suggest that structural changes, such as maintaining fiscal equilibrium, are crucial for Argentina’s economic stability.

Bias read (Center): The article presents critiques of the Argentine government's economic strategy from economists without overtly favoring any political side. It includes balanced perspectives from multiple analysts discussing policy choices and their implications, avoiding loaded language or one-sided sourcing.

Why factuality (85): The article reports on an analysis by José Siaba Serrate regarding Argentina's failure to capitalize on debt placement opportunities. It references Luis Caputo's experience and mentions specific opportunities like those related to Ecuador. The information aligns with cross-source consensus that Arge

Why objectivity (70): The article presents a critical view of the government's financial decisions, using phrases like 'actitud extraña' and suggesting the need to revise the economic program. While informative, it carries a somewhat critical tone towards the government, which may influence perceived objectivity.

Página/12 logoPágina/12Party-alignedProgressiveFactual 60Objective 50
Very useful.

The article discusses a proposed law in Argentina that critics argue undermines democracy under the guise of addressing the Falkland Islands (Malvinas) issue. The law has been criticized as being similar to policies promoted by U.S. President Donald Trump. Javier Milei, a prominent figure in Argentine politics, has taken a strong stance on the Falklands issue, bringing it up at international forums like the United Nations. The article also mentions economic challenges, including concerns over budgeting for 2027 and the impact of Milei’s policies on employment and protected labor rights. Additionally, there are reports of military personnel being removed due to allegations of mismanagement of funds.

Bias read (Progressive): The article frames the proposed law as undermining democracy and compares it to Trump-like policies, which suggests a critical perspective toward the current administration. It highlights opposition to the legislation and emphasizes concerns about economic and social impacts, aligning with leftist批判

Why factuality (60): This article appears to be cut off mid-sentence and does not provide complete information. It mentions a 'project of law against democracy' disguised as Malvinas-related legislation, and refers to budgetary issues. However, due to the incomplete nature of the text, it is difficult to assess the fact

Why objectivity (50): The language used is highly charged and emotionally charged, suggesting a strong political stance against the government. Phrases like 'el villano' (the villain) and 'usar la mentira' (using lies) indicate a biased and subjective interpretation of events, lacking neutrality.

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