Economic activity in Argentina went up 13.6 percent from a year earlier in May of 2021, following a record 29.4 percent gain in April and compared with a consensus of a 16 percent expansion. The largest contribution came from hotels & restaurants (54.3 percent). On a monthly basis, activity dropped 0.2 percent, following a 0.1 percent decline in the prior month. source: Instituto Nacional de Estadística y Censos (INDEC)
Economic Activity Index in Argentina averaged 2.01 percent from 2005 until 2021, reaching an all time high of 29.40 percent in April of 2021 and a record low of -25.30 percent in April of 2020. This page provides - Argentina Economic Activity Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Economic Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Economic Activity Index in Argentina is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Activity Index in Argentina to stand at 2.20 in 12 months time. In the long-term, the Argentina Economic Activity Index is projected to trend around 2.50 percent in 2022 and 1.50 percent in 2023, according to our econometric models.