Argentina: Economic activity growth accelerates in August
October 22, 2021
The monthly indicator for economic activity (EMAE) grew 12.8% year-on-year in August (July: +11.8% yoy). The most pronounced increases were recorded in the fishing, restaurants and hotels and construction sectors.
On a monthly basis, economic activity rose 1.1% in August, following July’s 0.9% increase. Meanwhile, the trend improved notably, with the annual average growth in economic activity coming in at 5.8%, following July 's 3.8%.