Argentina registers a 5.1% quarterly drop in its GDP

Buenos Aires. Argentina’s gross home product (GDP) fell 5.1 % year-on-year within the first quarter of 2024, in contrast with a 1.2 % drop within the fourth quarter of 2023, the Nationwide Institute of Statistics and Census (INDEC) stated on Monday. Statistics institute Indec additionally famous that GDP fell 2.6 % within the first full … Read more

IMF estimates a higher drop in Argentine GDP at 3.5 % for this yr

Buenos Aires. The Argentine gross home product (GDP) will register a contraction of three.5 % in 2024, the Worldwide Financial Fund (IMF) mentioned this Monday in its eighth assessment of this system it maintains with the South American nation, higher than anticipated within the earlier projection of two.8 %. “The economic system would contract by … Read more