Argentina GDP Growth Slows in Q2

2026-09-17 20:02 By Isabela Couto 1 min. read

Argentina’s economy grew 2.0% year-on-year in the second quarter of 2026, slowing from a 2.3% increase in the previous quarter, but beating forecasts of a 1.6% expansion.

The strongest sector gains came from fishing (44.7%), mining and quarrying (16.4%), and agriculture, livestock, hunting and forestry (6.9%).

Other notable expansions were recorded in electricity, gas and water (5.0%), financial intermediation (4.8%), and hotels and restaurants (1.6%).

In contrast, manufacturing contracted 2.1%, while public administration and defense declined 1.4%, marking the weakest performances.

On the demand side, exports rose 13.7% year-on-year, leading growth, while private consumption increased 0.4% and public consumption fell 4.1%.

Gross fixed capital formation contracted 11.1%, while imports of goods and services fell 8.6%.

On a quarter-on-quarter basis, the economy contracted 0.6% in seasonally adjusted terms.



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Argentina GDP Growth Slows in Q2
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