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Argentina’s economy on pause, despite March’s year-on-year rebound

RIO DE JANEIRO, BRAZIL - Argentina's economy showed last March a remarkable improvement compared to the devastating indexes of a year ago. Still, it has been stagnant for two months now, contributing to the uncertainty in the forecasts about the continuity and degree of recovery in the coming months.

According to the National Institute of Statistics and Census (Indec), last March, the economic activity experienced an increase of 11.4% compared to the same month of 2020. The first inter-annual increase after 19 consecutive months of decline.

However, the significant magnitude of growth is given with respect to a . . .

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