Argentina Economists See a 1% Quarterly Contraction
8 Articles
8 Articles
Investors are increasingly concerned about next year’s campaign, as Milei is failing to deliver on the growth promised
They said that in the third quarter the economic activity contracted 1%. Indec had already reported that in the second quarter the regression was 0.6%.The entry The recession has already arrived, say analysts consulted by the Central Bank was first published in El Ciudadano.
The Market Already Talks About Recession: the Economy Would Have Fallen to 1.1% in the Third Quarter
The Central Bank's REM showed a strong twist in analysts' projections, which now estimate a contraction of between 1% and 1.1% between July and September.
The Relevance of Market Expectations (REM) broadcast monthly by the Argentine Central Bank reported that Argentina is in recession. Until a few weeks ago they had said the opposite but the reality was imposed. No longer can the banks deny that Javier Milei’s economic model does not work. Now, the 33 consultants and centers of [...] Entry Neither the financial markets can deny it: the consultants recognize that there is an economic recession was …
The main consultants and financial institutions participating in the Central Bank’s Relevance of Market Expectations (REM) project that the Argentine economy would have entered recession during the third quarter of the year. According to the median estimates collected at the end of September, the Gross Domestic Product (GDP) would have fallen 1% between July and [...]
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