Argentina’s Economy Grew Less Than Expected in March

Shoppers at a wholesale supermarket in Buenos Aires.

Photographer: Maria Amasanti/Bloomberg

Argentina’s economy grew less than expected in March as the country braced for a new program with the International Monetary Fund.

Economic activity rose 5.6% from the same month a year ago, compared with the median estimate of 6.5%, according to government data published Wednesday. On the month, activity fell 1.8% after a 0.8% rise in February.