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Argentine Economy Grew More Than Expected in First Quarter

Argentine Economy Grew More Than Expected in First Quarter
Key Points

Indicators Argentine Economy Grew More Than Expected in First Quarter Economic growth in Argentina proved resilient in the first quarter, surpassing expectations even as unemployment rose and wages trailed inflation. Gross domestic product expanded 0.7% compared to the previous quarter, above analyst forecasts for 0.4% growth. On an annual basis, the economy grew 2.3%, according to government figures published Tuesday.

Indicators Argentine Economy Grew More Than Expected in First Quarter Economic growth in Argentina proved resilient in the first quarter, surpassing expectations even as unemployment rose and wages trailed inflation. Gross domestic product expanded 0.7% compared to the previous quarter, above analyst forecasts for 0.4% growth. On an annual basis, the economy grew 2.3%, according to government figures published Tuesday.
Argentine (ORG) First Quarter (EVENT) First Quarter Economic (EVENT) Argentina (LOCATION)
Originally published by Bloomberg Markets Read original →