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7.7

Argentina July economic activity drops 2.9%, technical recession confirmed

Argentina's EMAE fell 2.9% in July, confirming a technical recession after Q2 GDP decline. Commerce, industry, and construction remain weak, while Vaca Muerta energy output provides partial offset. August and September data will determine if the economy avoids a deeper downturn before 2027.

Perfilabout 16 hours agoARCredibility 33%View source

Score Breakdown

Mosaic Score7.7
Model confidence0.7
Significance0.8
Source credibility0.3

Intelligence Tags

#argentina#recession#gdp#emae#economic-activity

Locations

Vaca Muerta

Entities

country
Source

Part of a situation

activeGeopoliticsPolitics7h ago

Argentina — 90 developments

→ stable·34 signals·AR, US, IL +12Score 5.4

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