In September, exports rose 25.0% over the same month last year, which was below the 29.6% expansion in August but marked the 18th consecutive month of double-digit growth. A month-on-month comparison, though, painted a more subdued picture compared to the annual figures, as exports expanded a meagre 0.1% on a seasonally adjusted basis, which represents a strong moderation from the 6.9% increase recorded in August. Imports, meanwhile, grew 29.2% annually in September, down from the 42.9% expansion registered in August. Due to the large moderation in imports, the trade surplus expanded from USD 639 million in August to USD 1.1 billion in September, marking the largest surplus seen since May this year.
Argentina Trade Balance
September exports ease
October 24, 2011
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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).