March brought the first annual industrial gain after months of contraction, though weak demand and patchy sector performance cloud the outlook
Economics
Economic activity dropped by 2.6% month-over-month in February, the worst fall since December 2023
Argentine companies replace manufacturing with importing — with huge profit margins
A report said that a leading company is selling a folding chair it imports at almost eight times its cost
Experts agree that the decline is directly linked to the country’s macroeconomic problems
While the energy and mining sectors celebrate the government’s measures, others are not so convinced
The fund celebrated Milei’s measures, such as the recently-passed labor reform and trade agreements
The International Monetary Fund warns war-driven shocks will slow growth and stoke inflation, with Argentina expanding 3.5% this year
This is the tenth month in a row that the rate has not gone down. Milei acknowledged that the number was ‘bad’
After the success of the RIGI, meant for large investments, this initiative will be aimed at micro, small, and medium enterprises