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6.6

Argentina GDP Contracts 0.6% QoQ in Q2, Consumption and Investment Slump

Argentina's GDP fell 0.6% quarter-on-quarter in Q2, driven by significant declines in consumption and investment, though annual growth remained at 2% and H1 cumulative growth was 2.2%. The quarterly contraction signals a potential slowdown in the recovery, with domestic demand weakening. The data suggests rising recession risk, though the annual figure remains positive.

La Nación (Argentina)about 9 hours agoARCredibility 31%View source

Score Breakdown

Mosaic Score6.6
Confidence0.7
Significance0.5
Source credibility0.3
Source

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