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Economy / Argentina

Macroeconomic Forecast Argentina

December 2006 | Macroeconomic Forecasts

According to the government's EMAE indicator, economic activity grew by 8.0% y-o-y in September (down from 10.0% y-o-y in 2005) and by 8.4% y-o-y during the January - September 2006 period (down form 9.2% y-o-y during the same time period in 2005). Meanwhile, industrial production increased by 2.6% m-o-m and 7.5% y-o-y in October (down from 9.5% y-o-y during 2005). The increases were mainly driven by strong growth in the automobile and construction sector,

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