Argentina’s economy expanded more than expected in November, continuing to show signs of recovery after surpassing growth forecasts in the third quarter. Economic activity rose 0.9% from October, more than the 0.4% median estimate of economists surveyed by Bloomberg. From a year ago, activity grew 0.1%, also more than expected, according to government data. South America’s second-largest economy is showing signs of improvement after a deep slump exacerbated by President Javier Milei’s austerity.
January 23, 2025
SOURCE: BLOOMBERG
Argentina Economy Grew More Than Expected in November