Buenos Aires stocks closed 1.2 percent higher today, with the Merval benchmark stock index moving down to 2,410.85 points.
Construction-related costs climbed 1.3 percent in July, according to the Indec national statistics bureau.
The Government today informed it has raised biodiesel export duties to 32%. Eleven decrees published today on the Official Gazette fixed new prices and removed reimbursements producers got from sales.
Economy Minister Hernán Lorenzino and Viceminister Axel Kicillof today ruled out that the Government was evaluating extending export duties hikes to other sectors such as soy exports.
The inflation has reached 0.8 percent in July against June, and has hit 9.9 percent compared to the volume registered during the same month last year, according to the Indec national statistics bureau.
After the negotiations failed and a week of traffic chaos, Buenos Aires City Mayor gave a press conference in which he blamed President Cristina Fernández de Kirchner for the subway strike.
AGTSyP subway workers union announced that they failed to reach an agreement with licensee company Metrovías and that the strike will continue for another 24 hours.
The US dollar traded at AR4.575/AR$4.62 today, remaining unchanged compared with the previous closing price.
Buenos Aires province Education Director Silvina Gvirtz tendered her resignation after provincial Governor Daniel Scioli decided to lead an intervention in the area including budget cuts aimed to reduce substitute teachers personnel.
Buenos Aires stocks were 3.1 percent lower today, with the Merval benchmark stock index edging down to 2,381.22 points.