Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Currency 1540.76 1519 1503 1491 1478
Stock Market (points) 2848945.25 2716134 2508211 2353514 2208217

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) -0.60 0.6 0.9 1.3 0.5
GDP Annual Growth Rate (%) 2.00 2.1 3.4 3.8 1.3
Unemployment Rate (%) 7.90 7.9 8 8 8.1
Inflation Rate (%) 33.40 33 31 28 25
Inflation Rate MoM (%) 1.90 1.9 1.7 1.3 1.4
Interest Rate (%) 29.00 29 29 29 27
Balance of Trade (USD Million) 2976.00 2800 2800 2600 2600
Current Account (USD Million) 2213.98 1800 1700 1900 950
Consumer Confidence (points) 42.00 45 48.5 49 50
Current Account to GDP (% of GDP) 1.20 0.5
Government Debt to GDP (% of GDP) 78.40 75
Government Budget (% of GDP) 0.20 0.2

GDP Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) -0.60 0.6 0.9 1.3 0.5
GDP Annual Growth Rate (%) 2.00 2.1 3.4 3.8 1.3
GDP Constant Prices (ARS Million) 792800.34 750641 750853 822927 803107
Gross Fixed Capital Formation (ARS Million) 130870.00 138829 128905 135843 132571
Monthly GDP YoY (%) -1.70 1 0.2 0.8 1.7
GDP from Utilities (ARS Million) 13356.11 12939 13926 13864 13530
GDP from Construction (ARS Million) 18998.08 19245 20880 19720 19245
GDP from Transport (ARS Million) 57999.42 56664 57158 60203 58753
GDP from Services (ARS Million) 95230.33 93629 93331 98849 96468
GDP from Mining (ARS Million) 34220.00 31496 32950 35520 34665
GDP from Public Administration (ARS Million) 34280.68 35389 35757 35583 34726
GDP from Agriculture (ARS Million) 97139.89 41001 50817 100831 98403
GDP from Manufacturing (ARS Million) 106823.39 115012 102828 110883 108212
GDP (USD Billion) 683.10 698
GDP per Capita (USD) 13287.12 13579
GDP per Capita PPP (USD) 27846.60 28459
Full Year GDP Growth (%) 4.40 2.2

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 7.90 7.9 8 8 8.1
Wages (ARS/Month) 3162523.40 2800000 2200000 3200000 2900000
Minimum Wages (ARS/Month) 376600.00 382610 391000 412000 398000
Wage Growth (%) 2.30 2.4 2.5 2.3 2.3
Population (Million) 46.39 46.5

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 33.40 33 31 28 25
Inflation Rate MoM (%) 1.90 1.9 1.7 1.3 1.4
Consumer Price Index CPI (points) 12514.15 13461 14511 15138 15643
GDP Deflator (points) 142197.20 171462 176380 182012 177747
Producer Prices (points) 16883.20 18444 18407 19856 20935
Core Consumer Prices (points) 12654.43 13614 14861 15613 16324
CPI Transportation (points) 13163.18 13413 13641 13819 14012
CPI Housing Utilities (points) 14321.92 14047 15779 16913 17902
Food Inflation (%) 35.10 33 29 28 27
Producer Prices Change (%) 29.50 34 27 26 24
Core Inflation Rate (%) 31.60 31 31 30 29

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 29.00 29 29 29 27
Interbank Rate (%) 21.21 21.21 21.21 21.21 19.21

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (USD Million) 2976.00 2800 2800 2600 2600
Current Account (USD Million) 2213.98 1800 1700 1900 950
Exports (USD Million) 10036.00 8800 8700 8400 8700
Imports (USD Million) 7060.00 6000 5900 5800 6100
Tourist Arrivals 460774.00 658000 4370700 372000 397000
Crude Oil Production (BBL/D/1K) 902.00 910 920 930 960
Current Account to GDP (% of GDP) 1.20 0.5

Business Actual Q4/26 Q1/27 Q2/27 Q3/27
Industrial Production (%) -3.20 -2 1.5 2 2.6
Leading Economic Index (%) -0.27 1.5 -0.6 0.5 0.8

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Consumer Confidence (points) 42.00 45 48.5 49 50
Retail Sales YoY (%) 24.30 19 20.7 17 14
Consumer Spending (ARS Million) 603428.00 536480 604020 626358 611273
Gasoline Prices (USD/Liter) 1.37 1.42 1.49 1.56 1.63

Housing Actual Q4/26 Q1/27 Q2/27 Q3/27
Housing Index (%) 1.50 2 1.9 1.8 1.9
Building Permits (Thousands Square Metre) 1382.97 1350 1390 1420 1410

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Government Debt to GDP (% of GDP) 78.40 75
Government Budget (% of GDP) 0.20 0.2