Business & Finance
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.