Argentina Gross Domestic Product (YoY) registered at 2.1% above expectations (1.7%) in 4Q

Argentina's GDP soars to 5.7% annualised while domestic consumption recovers  - London Business News

Argentina’s economy surprised positively in the fourth quarter of 2024, posting quarter-on-quarter growth of 1.4%, year-on-year growth of 2.1% and annualized growth of 5.7%, exceeding market expectations. These data indicate… The post Argentina’s GDP soars to 5.7% annualised while domestic consumption recovers  appeared first on London Business News

BUENOS AIRES.— The Gross Domestic Product (GDP) of Argentina advanced 2.1% year-on-year in the fourth quarter of 2024, compared to a corrected decrease of 2% in the previous quarter, to close the year with a contraction of 1.7%, reported on Wednesday the National Institute of Statistics and Censuses (INDEC). Thus, an adverse streak of six consecutive quarters is cut in decline. The quarterly data was better than expected by analysts than in a Re…

The Indec announced this afternoon its appreciation of the evolution of the GDP during the year or past, the first of the management of Javier Milei. Construction, industry and commerce were the sectors most affected. The agriculture and Vaca Muerta compensated the decrease of the activity. The forecasts for 2025

The Gross Domestic Product (GDP) showed its first annual increase in the administration of Javier Milei, progressing 2.1% in the fourth quarter of 2024 compared to the same period of 2023, according to the measurement of the National Institute of Statistics and Censuses (INDEC). In comparison to the previous seasonalized period, it grew 1.4%, although it showed a slowdown compared to the 4.3% improvement of the period between July and September.…

Compared to the same period in 2023, the Gross Domestic Product showed an increase of 2.1%; in the cumulative period of 2024, the Argentine economy contracted

Gross Domestic Product (GDP) grew by 2.1 per cent in the fourth quarter of 2024 compared to the same period in the previous year, according to preliminary data from the INDEC. In seasonalized terms, the economy increased by 1.4 per cent compared to the previous quarter, marking a recovery after declines in previous periods. Within the components of demand, exports were the main driving force, with an annual increase of 27.1 per cent. Investment …