Argentina Economic Activity February 2022


Argentina: Economic activity growth accelerates in February

April 22, 2022

The monthly indicator for economic activity (EMAE) grew 9.1% year-on-year in February (January: +5.1% yoy). The most pronounced increases were recorded in the trade, mining and quarrying and hotels and restaurants sectors.

On a monthly basis, economic activity rose 1.8% in February, contrasting January’s 0.7% decrease. Meanwhile, the trend improved, with the annual average growth in economic activity coming in at 12.1%, following January's 11.1%.

FocusEconomics analysts see the economy growing 2.2% in 2022, unchanged from the previous month’s forecast. In 2023, analysts see GDP expanding Error! Not a valid link.%.


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Argentina Economic Activity Chart

Argentina Economic Activity February 2022

Note: Year-on-year changes and annual average growth rate of monthly economic activity in %.
Source: Argentina National Statistical Institute (INDEC) and FocusEconomics calculations.

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