The Buenos Aires Economy Went Into Recession and Anticipates the National Data
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Provincial activity fell 1.6% in the third quarter, after a fall of 0.4% in the second, according to Pulso PBA estimates, the indicator of the Banco Provincia. In September it also recorded a monthly and year-on-year fall. At the national level, the data of the INDEC and the private projections feed the debate on a possible [...] The entry The Buenos Aires economy accumulated two quarters of fall and the concern for the national activity grows f…
The main productive district of the country chained its second consecutive quarter of contraction, which ignites alarms about the course of the Argentine macroeconomics.
The activity Buenos Aires would have recorded a fall of 1.6% in the second trimester, according to Banco Provincia.
Due to its impact on the productive fabric of the whole country and the industrial capillary of the province of Buenos Aires, the indicator of BAPRO is a complement to the Monthly Activity Estimator (EMAE) elaborated by Indec.
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