Argentina's economic activity estimator rose by 5.1 percent from a year earlier in April of 2022, faster than a downwardly revised 4.5 percent increase in the previous month but missing market expectations of 6.5 percent. The activities which contributed most to output growth in April were net taxes of subsidies (6.4 percent vs 3.7 percent in March); wholesale and retail trade (6.7 percent vs 5.0 percent); manufacturing industries (4.7 percent vs 4.2 percent); and real estate activities (5.7 percent vs 4.6 percent). The only negative contribution came from lower output in agriculture, forestry and hunting (-7.0 percent vs -4.6 percent). source: Instituto Nacional de Estadística y Censos (INDEC)
Monthly GDP YoY in Argentina averaged 2.38 percent from 2005 until 2022, reaching an all time high of 29.50 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 July of 2022.