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Argentina's economy shrank 4.9% in the second-quarter of 2023 versus the year-ago period, the country's statistics agency said on Tuesday, slightly missing analysts' forecast of a 4.8% contraction... -September 19, 2023 at 03:25 pm EDT - MarketScreener
Argentina's economy shrank 4.9% in the second-quarter of 2023 versus the year-ago period, the country's statistics agency said on Tuesday, slightly missing analysts' forecast of a 4.8% contraction and posting the first break in growth for years. The country is battling to salvage a $44 billion deal with the International Monetary Fund (IMF) amid a steady depreciation of the peso, negative central bank reserves and a flagging economy due to the impact of drought on the farming sector.
Argentina's economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by the economy ministry to Congress late on Friday. GDP growth... -September 16, 2023 at 10:23 am EDT - MarketScreener
Argentina's annual inflation rate shot up to 124.4% in August after a sharp devaluation of the peso currency, with a 12.4% rise in the month the fastest since 1991, which is driving a... -September 13, 2023 at 03:17 pm EDT - MarketScreener
Argentina's Consumer Price Index likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters poll of analysts on Monday, after a sharp devaluation of... -Today at 12:18 pm- MarketScreener