Argentine GDP Surged More-Than-Expected 8.3% in Quarter
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Argentina’s economy expanded at the fastest pace in about two years last quarter, boosting the chances that holders of securities linked to the country’s growth will be paid as much as $3 billion next year.
Gross domestic product expanded 8.3 percent from a year earlier, according to a report released today by the national statistics institute, compared with the 7.0 percent median estimate of nine economists in a Bloomberg survey.