News of economic activity

Argentina's economy grew more than expected in November

23-01-2025 17:42 Economic activity rose 0.9% from October, according to INDEC data.

Milei lowers peso crawling peg to 1% after inflation stabilises

14-01-2025 16:43 Monthly inflation continues to run near a four-year low, opening the door for first change to currency policy in more than a year.

ECONOMIC INDICATORS

Economy expanded faster than expected in October

24-12-2024 06:52 Argentina’s economy expanded more than expected in October, according to official data.

ECONOMIC INDICATORS

Economy grew more than expected in July under Milei

25-09-2024 22:28 Argentina’s economy posted a larger-than-expected upturn in July, a promising sign for President Javier Milei.

ECONOMIC INDICATORS

Economic activity increased 1.7% between June and July, says INDEC

25-09-2024 22:28 Economic activity increased 1.7% between June and July, according to the INDEC national statistics bureau. However, it fell 1.3% in the year-on-year comparison.

ECONOMIC INDICATORS

Economic activity slumped 3.4% in first half of 2024, reports INDEC

19-09-2024 00:48 Recession deepens with 1.7 percent contraction in second quarter of the year; Economic activity down 3.4% overall in first half of 2024.

ECONOMY – ANALYSIS

Argentina's recession deepened as Milei shock therapy stung

19-09-2024 00:34 Economy sunk deeper into recession in second quarter as ripple effects from currency devaluation and austerity exacerbated a downturn.

ECONOMIC INDICATORS

Economy contracted in June, recession grinds on

21-08-2024 23:36 Argentina’s economy unexpectedly contracted in June, shrinking for the fourth time in six months.

ECONOMIC INDICATORS

Argentina's economy posts best month under Milei despite cuts

20-07-2024 17:57 Economic activity rose 1.3% from April, the first month of growth since Milei’s term began in December.

ANALYSIS

Argentina inflation snaps Milei’s five-month slowdown streak

12-07-2024 16:30 Argentina recorded the first monthly pick-up in inflation of the year, marking a slight reversal of the downward streak President Javier Milei has put in motion.

ECONOMIC INDICATORS

Economy extended downturn in April amid Milei’s cuts

29-06-2024 13:09 Economy slumped slightly in April, marking four of the last five months in decline since President Javier Milei took office.

ECONOMIC INDICATORS

Milei’s austerity plan pushed Argentina into recession in first quarter

24-06-2024 17:42 Gross domestic product fell 2.6% compared to the fourth quarter of 2023, according to official government data published Monday. Activity contracted 5.1% from a year earlier.

ECONOMIC INDICATORS

Economic activity plunging amid austerity, confirms INDEC

23-05-2024 00:30 Bureau’s monthly estimate of economic activity records 8.4% drop for March; Industry and construction collapse, 5.3% slump in first quarter of 2024.

ECONOMIC INDICATORS

Economy extends downturn amid Milei’s cuts

23-05-2024 00:07 Economy shrank 8.4% in March from a year ago. On a monthly basis, activity dropped 1.4%, according to government data published Wednesday.

ECONOMIC INDICATORS

Industrial output, construction plunge amid recession

08-05-2024 21:41 Construction activity also plunged 42 percent in March, its worst annual decline since mid-2020 when the country was in a strict lockdown due to the pandemic.

ECONOMIC INDICATORS

Economy slumped for fourth straight month in February

23-04-2024 20:18 Economic activity fell 3.2% in February from a year ago, a fourth straight monthly decline. On a monthly basis, activity declined 0.2%, according to government data.

ECONOMIC INDICATORS

Economic activity in Argentina fell 1.6% in 2023, reveals INDEC

22-02-2024 20:36 Economic activity in Argentina dropped 1.6% last year with a 4.5% contraction in December compared to the last month of 2022.

ECONOMIC INDICATORS

Argentina's economy shrank most since 2020 amid record drought

20-09-2023 08:52 Argentina's GDP shrank 2.8% in the second quarter of the year, more than the 2.5% contraction forecast by experts. From a year ago, activity contracted 4.9%.

ECONOMIC OUTLOOK

OECD: Argentina to suffer steepest recession of G20 nations

19-09-2023 14:02 Organisation for Economic Cooperation and Development says Argentina's GDP will contract by 2% this year, while suffering 118.6% inflation in 2023.