Argentina GDP


Economic growth eases in April

In April, the monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Economica) added 7.1% over the same month the previous year. The figure was down from the 8.7% increase recorded in March and slightly below market analysts' expectations of a 7.4% rise. A month-on-month comparison fails to corroborate the moderation seen in the annual figures. The economy expanded 0.74% over the previous month in seasonally adjusted terms, which was above the 0.11% increase recorded in March.

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