Economics

Argentina Posts Ninth Straight Month of Economic Growth

  • Economic activity in Argentina in Jan. 1.9% m/m; -2% y/y
  • Sluggish recovery hit by IMF uncertainty, delayed vaccines
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Argentina’s economic recovery picked up some momentum at the beginning of the year, reversing a couple months of slowing growth.

Economic activity rose 1.9% in January compared to December, the fastest pace in four months, according to government data published Tuesday. From a year ago, the economy contracted 2%, better than the 2.5% average fall expected by economists in a Bloomberg survey.