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Cairo – by Mohamed Salah – The official statistics agency said today, Wednesday, that industrial production in Argentina fell by 16.8% in March compared to the same month last year, which highlights the impact of public isolation measures linked to the Corona virus on the country’s already fragile economy.
This is the worst monthly drop in nearly two decades since a drop of more than 20 percent in early 2002, according to Refinitive Icon. Before the pandemic, Argentina was already stagnating with high inflation.
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