Argentina’s economy expanded more than expected in December, solidifying the country’s bounceback in the last quarter of the year under President Javier Milei’s watch. Economic activity rose 0.5% from November, more than the 0.2% median estimate of economists surveyed by Bloomberg. Monthly growth beat expectations the previous month, too. From a year ago, the gross domestic product proxy grew 5.5%, compared with the median estimate of 3.5%, according to government data. Wages in Argentina beat monthly inflation again in December, continuing a dynamic that began in April.
February 25, 2025
SOURCE: BNN BLOOMBERG
Argentina’s Economy Beat Expectations Again in December