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Argentina’s Economy Contracted in May for Third Time in 2025

Summary by Bloomberg
Argentina’s economy contracted in May for the third time this year as previous wage declines and rising unemployment likely put pressure on consumer spending.

6 Articles

Economic activity fell 0.1% since April, which contrasts with economists’ projections of growth of the same magnitude

·Bogotá, Colombia
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The economy does not show a firm tendency and in May it again slowed the recovery: it fell for the third time in five months. The Monthly Economic Activity Estimate (EMAE) recorded a decrease of 0.1% in the deseasonalized measurement (s.e.), although in the year-on-year comparison (i.a.) it rose 5% and in the accumulated it is located 6.1% above, according to the National Institute of Statistics and Censuses (INDEC). At year-on-year level, thirt…

More Argentines took credit in Argentina in the last year. Overall, the total loan jump in pesos to the private sector reached $72.4 billion in May, a real increase of 3.3% per month and 103.2% per year (May/24 vs May/25). The borrowers are generally indebted to buy homes, cars, consumer goods and food. But, do they know everything they need to know before making that decision? Pablo Blanco, CFO de Alprestamo, tells El Cronista that most of the …

·Argentina
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After the monthly increase he had recorded in April, the economic activity estimator again closed down (-0.1 per cent) in May, the INDEC reported.

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Bloomberg broke the news in United States on Monday, July 21, 2025.
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