Argentine Economic Activity Expanded 1.9% in 2012

(Corrects headline to say Economic Activity)

Argentina’s economic activity expanded 1.9 percent in 2012 from the previous year, the national statistics institute said today in Buenos Aires.

Activity rose 1.1 percent in December from a year earlier and 0.4 percent from November

December year-on-year activity trailed the 1.9 percent median estimate of eight economists surveyed by Bloomberg.

South America’s second-biggest economy probably grew 1.9 percent last year, President Cristina Fernandez de Kirchner said Feb. 13, down from 8.9 percent in 2011.

To contact the reporter on this story: Silvia Martinez in Buenos Aires at smartinez19@bloomberg.net

To contact the editor responsible for this story: Andre Soliani at asoliani@bloomberg.net

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