Exports boom but households struggle as INDEC posts 2.3% growth

🌐 Buenos Aires Times (AR) —
Exports boom but households struggle as INDEC posts 2.3% growth

AI Summary

Argentina's GDP grew by 2.3% year-on-year in the first quarter of 2026 driven by exports and extractive industries, but economic challenges remain with rising unemployment, record bank defaults, and a contracting manufacturing sector.

GDP rose 2.3% in the first quarter of 2026 year-on-year, driven by exports and extractive industries, but unemployment is up, bank defaults have hit a 20-year high and manufacturing is contracting. Leer más

World Markets Argentina GDP growth exports unemployment bank defaults manufacturing contraction

Read original source →