Argentina’s economic activity (EMAE) fell 4.4% in June, the National Institute of Statistics and Census (INDEC) said, a figure slightly worse than expected by the market.
Argentina’s economy has been badly harmed by low agricultural performance, which has dropped 40.4% year on year, according to INDEC data.
The monthly estimator of activity contracted 0.2% in the seasonally adjusted measurement compared to May, the National Institute of Statistics and Census added.
The Argentina’s economic activity is considered a key indicator, as it advances the trajectory of GDP.
