Argentine Consumption Fuels ‘Chinese’ Growth, de Narvaez Says
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South America’s second-biggest economy is growing at the fastest pace since 1992, fueled by a boom in consumption and accelerating inflation, Argentine opposition leader Francisco de Narvaez said.
Gross domestic product is currently expanding at about 11 percent and growth next year will be faster than the 6 percent forecast by the government, de Narvaez, who may run for president in 2011, said in an interview in Buenos Aires.