While official data suggest that GDP grew by 2.6% y/y in Q1, our Argentina Activity Indicator suggests the economy actually contracted at an annual pace of 7.8%. We think GDP will shrink by 8% this year and will do no better than simply stagnate in 2010, although this is unlikely to be reflected in government statistics.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services