RIO DE JANEIRO, BRAZIL - Argentina’s economic activity fell 3.7% in November against the same period a year earlier, the smallest decline since near the start of 2020 but a deeper drop than analysts had predicted as the South American grains producer slowly revives growth.
Argentina’s official INDEC statistics agency said on Tuesday, January 26th, that activity had also improved 1.4% in the month against October, as sectors hit by a long pandemic lockdown in the country since March last year slowly came back to life.
The annualized drop, while the best since February 2020, was however . . .