Latest Breaking News On - Orlando ferreres - Page 1 : vimarsana.com

Argentina's Economy Dips 3.6% Amidst Harsh Fiscal Adjustments

Argentina Economic Activity Seen Plunging 6% in February Reuters Poll

Argentina economic activity seen plunging 6% in February- Reuters poll

Argentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures under new libertarian President Javier Milei. The expected slide underscores the impact of Milei's cost-cutting on the real economy, even as it helps to boost the government's fiscal position after years of deficits and to rebuild depleted central bank reserves. According to the mid-April poll, the 11 analysts estimated declines for the month ranging from 4.1% to a maximum 7.1% year-on-year, with stronger farming and mining activity offset by a sharp slide in consumption, manufacturing and construction sectors.

PREVIEW-Argentina economic activity seen plunging 6% in February

Argentina economic activity seen plunging 6% in February- Reuters poll

By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures ...

Argentina economic activity seen plunging 6% in February- Reuters poll

By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures ...

Argentina economic activity likely slid 5.5% in Milei's first full month

Argentina's economic activity likely dropped 5.5% in January on an annual basis, a Reuters analyst poll showed on Monday, which would represent a sharp decline in the first full month of data since President Javier Milei took office on Dec. 10. The 14 local and foreign analysts surveyed by Reuters also forecast the EMAE economic activity index to have slipped 5.3% in January when compared with the previous month. The declining economic activity follows the libertarian Milei's move to devalue the local peso currency by more than 50% while slashing state spending to reverse a deep fiscal deficit, part of his "shock therapy" to begin to get Argentina out of a major economic crisis.

Argentina Economic Activity Likely Slid 5.5% in Milei's First Full Month

Argentina economic activity likely slid 5.5% in Milei's first full month - Reuters poll

Argentina's economic activity likely dropped 5.5% in January on an annual basis, a Reuters analyst poll showed on Monday, which would represent a sharp decline in the first full month of data... -March 25, 2024 at 12:27 pm EDT - MarketScreener

Argentina's economic activity down 4.4% in June as agriculture plunges

Argentina's economic activity fell 4.4% in June from a year earlier, the country's official statistics agency said on Wednesday, below the expectations of a Refinitiv poll of a 4.0% drop. The country's economy has been severely hit by poor performance in the agricultural sector, which registered a 40.4% drop year-on-year according to INDEC data . "The impact of the poor performance of the agricultural sector is especially strong," said economist and director of Invenomica Pablo Besmedrisnik consulting firm.