In September, exports rose 44.8% over the same month last year, which came in below the 59.2% expansion observed in August. However, the reading marked the seventh consecutive month of double-digit growth in exports. The September expansion corroborates the healthy state of the external sector, with export figures rapidly moving towards pre-crisis levels. In September, the moving 3-month sum in exports reached USD 18.4 billion, which was below the peak of USD 21.3 billion observed in September 2008, but well above the trough of USD 13.1 billion in September 2009. Meanwhile, imports grew 53.1% annually in September, which was down from the 65.1% expansion recorded in August. Even though imports grew at a faster pace than exports in September, the trade surplus remained unchanged at August's USD 1.1 billion.
Argentina Trade Balance
Exports grow at double-digit pace for seventh consecutive month
October 22, 2010
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Argentina Economic News
October 4, 2016
At its weekly meeting on 4 October, the Central Bank of the Argentine Republic (BCRA) decided to keep the 35-day Lebac interest rate unchanged at 26.75%, matching the previous week’s decision.
September 30, 2016
In August, industrial production contracted 5.7% over the same month of the previous year, according to the latest data released by the National Statistical Institute (INDEC).
September 28, 2016
In July, the monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) declined 5.9% year-on-year, which was below the 4.7% fall in June and represented the steepest contraction since July 2009.
September 28, 2016
In August, exports expanded 12.0% over the same month last year, which contrasted the 10.8% decrease seen in July and marked the highest reading since May 2013.
September 26, 2016
In August, consumer prices in the greater Buenos Aires capital area increased 0.2% over the previous month, according to recent data published by the National Statistics Institute (INDEC).