Argentina GDP grows 2% y/y but Q2 contraction and weak investment signal slowdown

Argentina's GDP rose 2% year-over-year but contracted 0.6% quarter-over-quarter, with investment plunging 11.1% and consumption up just 0.4%. August data shows supermarket sales down 3.7% and construction down 4.4% y/y, indicating underlying weakness despite a slight monthly rebound. The mixed data suggests the economy is losing momentum, raising concerns about the sustainability of growth.

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