Bloomberg

Argentina Economy Grows Less Than Expected as Imports Surge

Metaculus

Will Javier Milei be reelected as President of Argentina before January 1, 2028?

Reuters

Argentina GDP growth fastest since 2022, though lagging forecasts

<span>Private consumption rose 2.9% quarterly and 11.6% annually, while gross fixed capital formation surged 9.8% quarterly and 31.8% annually, driven by increases in construction, machinery and equipment, and transportation equipment sectors.</span

The Rio Times

Mercopress

Private consumption rose 2.9% quarterly and 11.6% annually, while gross fixed capital formation surged 9.8% quarterly and 31.8% annually, driven by increases in construction, machinery and equipment, and transportation equipment sectors.

<span>Financial intermediation led sectoral growth at 27.2%, followed by fishing at 11.6% and hotels and restaurants at 9%, while construction declined 2.2% and public administration fell 1.2% compared to the previous year.</span

La Derecha Diario

Financial intermediation led sectoral growth at 27.2%, followed by fishing at 11.6% and hotels and restaurants at 9%, while construction declined 2.2% and public administration fell 1.2% compared to the previous year.

<span>Imports soared 42.8% annually and 17.7% quarterly, significantly outpacing exports which dropped 1.5% quarterly but grew 7.2% annually, creating a substantial trade imbalance during the recovery period.</span

Imports soared 42.8% annually and 17.7% quarterly, significantly outpacing exports which dropped 1.5% quarterly but grew 7.2% annually, creating a substantial trade imbalance during the recovery period.

<span>Unemployment rose to 7.9% in the first quarter of 2025, representing an increase from 6.4% in the previous quarter and marking the highest rate since the second quarter of 2021 during the COVID-19 pandemic recovery.</span

Buenos Aires Times

Buenos Aires Herald

Unemployment rose to 7.9% in the first quarter of 2025, representing an increase from 6.4% in the previous quarter and marking the highest rate since the second quarter of 2021 during the COVID-19 pandemic recovery.

<span>Morgan Stanley Capital International maintained Argentina's classification as a standalone market, the lowest tier, preventing up to $3 billion in potential investments from entering the country due to persistent capital control restrictions.</span

Morgan Stanley Capital International maintained Argentina's classification as a standalone market, the lowest tier, preventing up to $3 billion in potential investments from entering the country due to persistent capital control restrictions.

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<span>Argentina's Q1 GDP Grows 5.8%</span>

Argentina's Q1 GDP Grows 5.8%

Argentina

Economic conditions & trends

Finance

Money

The economic recovery masks serious structural problems, with unemployment hitting 7.9% and over 115,000 formal jobs lost since Milei took office. Despite GDP growth, workers are suffering from wage cuts and job losses, while the government's austerity measures continue devastating public sector employment.

<span>The economic recovery masks serious structural problems, with unemployment hitting 7.9% and over 115,000 formal jobs lost since Milei took office. Despite GDP growth, workers are suffering from wage cuts and job losses, while the government's austerity measures continue devastating public sector employment.</span>

Economic pick-up fails to filter through to job market

Argentina's GDP Surges 5.8% Despite Rising Unemployment

Argentina's GDP Surges 5.8% Despite Rising Unemployment

Argentina's Q1 GDP GrowsSurges 5.8% Despite Rising Unemployment

The Spin

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Argentina's GDP Surges 5.8% Despite Rising Unemployment

Argentina's Q1 GDP GrowsSurges 5.8% Despite Rising Unemployment

The Spin

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