MarketsNotableEmerging
5.2
Argentina economist flags urban slowdown, credit contraction despite export growth
PerfilLO·AR·2 days ago
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.