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Jun 05, 2020 PRINT EDITION
World

Argentina economic activity edges down 0.3pc in December

 The country's National Institute of Statistics and Census (INDEC) said on Friday. 

BUENOS AIRES: Argentina's e

February 21, 2020
  • The country's National Institute of Statistics and Census (INDEC) said on Friday.

BUENOS AIRES: Argentina's economic activity fell 0.3pc year-on-year in December, the country's National Institute of Statistics and Census (INDEC) said on Friday, the fifth straight month of declines as the country grapples to revive growth.

A Reuters poll of analysts had estimated an average contraction of 2.1pc year-on-year as the country navigates through a serious economic crisis with a tepid economy and stubbornly high inflation that is unlikely to ease soon.