Argentina Grew More Than Expected After Milei Lifts Controls
A customer pays with Argentine peso banknotes at a shop in Buenos Aires, Argentina.
Photographer: Erica Canepa/BloombergArgentina’s economy grew more than expected in April as President Javier Milei loosened some currency controls as part of a $20 billion agreement with the International Monetary Fund.
Economic activity rose 1.9% in April from March, compared with the median estimate of 0.3% of analysts surveyed by Bloomberg. From a year ago, activity rose 7.7% in April, also surpassing expectations, according to government data published Monday.