Argentina's economic activity advanced by 9.3 percent from a year earlier in November of 2021, following a 6.7 percent rise in the prior month and above market expectations of a 7.4 percent growth. Output growth accelerated for mining (20.4 percent vs 17.7 percent), manufacturing (10.6 percent vs 4.8 percent), retail & wholesale trade (10.1 percent vs 3.7 percent), and transports (14.3 percent vs 12.9 percent). Meanwhile, output grew at a slower pace for hotels & restaurants (59.8 percent vs 63 percent). On a monthly basis, economic activity rebounded 1.7 percent, after falling 0.9 percent in October. source: Instituto Nacional de Estadística y Censos (INDEC)

Monthly GDP YoY in Argentina averaged 2.28 percent from 2005 until 2021, reaching an all time high of 29.60 percent in April of 2021 and a record low of -25.30 percent in April of 2020. This page includes a chart with historical data for Argentina Economic Activity Index. Argentina Monthly Economic Activity Estimator - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

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Argentina Monthly Economic Activity Estimator


Argentina Monthly Economic Activity Estimator
In Argentina, the Monthly Economic Activity Estimator (EMAE) is a provisional indicator of the evolution of the GDP. Its calculation is structured in the aggregation of the added value at basic prices of each one of the economic activities plus the net taxes of subsidies to the products, using the weights of the national accounts.
Actual Previous Highest Lowest Dates Unit Frequency
9.30 6.70 29.60 -25.30 2005 - 2021 percent Monthly
2014=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-23 07:00 PM Oct 6.7% 11.4% 7.9% 12%
2022-01-25 07:00 PM Nov 9.3% 6.7% 7.4% 6.4%
2022-02-23 07:00 PM Dec 9.3%


News Stream
Argentina Economic Activity Growth Tops Forecasts
Argentina's economic activity advanced by 9.3 percent from a year earlier in November of 2021, following a 6.7 percent rise in the prior month and above market expectations of a 7.4 percent growth. Output growth accelerated for mining (20.4 percent vs 17.7 percent), manufacturing (10.6 percent vs 4.8 percent), retail & wholesale trade (10.1 percent vs 3.7 percent), and transports (14.3 percent vs 12.9 percent). Meanwhile, output grew at a slower pace for hotels & restaurants (59.8 percent vs 63 percent). On a monthly basis, economic activity rebounded 1.7 percent, after falling 0.9 percent in October.
2022-01-25
Argentina Economic Activity Growth Eases Mores Than Expected
Argentina's economic activity advanced by 6.7 percent from a year earlier in October of 2021, following a downwardly revised 11.4 percent rise in the prior month and below market expectations of a 7.9 percent growth. Output growth eased for manufacturing (4.9 percent vs 11.1 percent), construction (6.9 percent vs 26.9 percent), retail & wholesale trade (4.2 percent vs 8.9 percent), hotels & restaurants (61 percent 72.8 percent), social services & healthcare (3.3 percent vs 8.5 percent). Meanwhile, the activity level decreased for fishing (-32.6 percent vs -6.9 percent), agriculture (-1.6 percent vs -1 percent), utilities (-1 percent vs 4 percent), and financial intermediations (-1.2 percent vs 0.6 percent). On the other rate, output grew at a faster pace for mining (17 percent vs 16.4 percent), and transports (11.9 percent vs 11.1 percent). On a monthly basis, economic activity fell 0.8 percent, after expanding 0.8 percent in September.
2021-12-23
Argentina Economic Activity Growth Higher Than Expected
Argentina's economic activity advanced by 11.6 percent from a year earlier in September of 2021, following a 12.8 percent rise in the prior month and above market expectations of an 8.3 percent growth. Output rose faster for hotels & restaurants (59.1 percent vs 42 percent in August), construction (27.1 percent vs 26.7 percent), mining (16.3 percent vs 11.3 percent), and finance services (2.4 percent vs 0.4 percent). Meanwhile, the growth rate eased for manufacturing (10.8 percent vs 13.7 percent), retail & wholesale trade (10.1 percent vs 14.4 percent), transports (10.7 percent vs 11.9 percent), and utilities (5 percent vs 9.4 percent). Moreover, activity fell in agriculture (-1.7 percent vs 1.5 percent) and fishing (-9.6 percent vs 2.8 percent). On a monthly basis, economic activity expanded 1.2 percent, after an upwardly revised 1.4 percent rise in September.
2021-11-23