US EditionEconomy Grew More than Expected After Milei Lifted Controls
11 Articles
11 Articles
In the year-on-year comparison it had an advance of 7.7%, driven by financial intermediation and construction
The improvement of April compensates the contraction of 1.9% recorded in March, month crossed by foreign exchange tensions and an inflationary acceleration that strikes the purchasing power.
The president highlighted the data disseminated by the INDEC with a provocative phrase. Trade, industry and finance led the economic recovery. The post Economic activity grew 7.7% in April and Javier Milei celebrated with a mockery to the opposition appeared first on El Intranssigente.
The Monthly Economic Activity Estimator (EMAE) released by the Indec revealed that in April the Argentine economy grew 1.9% compared to March, recovering almost all the contraction of the previous month. Nevertheless, the rebound consolidates an unequal scheme, with sectors in expansion and others still in decline. In the year-on-year comparison, the activity recorded a rise of 7.7%, the highest since June 2022. However, analysts point out that …
Economic activity continued its acceleration in April and grew 7.7% year-on-year, the highest rate in the last 35 months. Meanwhile, relative to the previous month the economy advanced 1.9% and returned to positive terrain after the fall that had occurred just in March. Thus, the first four months of economic activity...
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