Economic activity in Argentina shrank 2.6 percent from a year earlier in February of 2021, following a revised 2.2 percent decline in January and compared with a consensus of a 2 percent drop. The activity was mainly dragged down by restaurant & lodging services (-38 percent); transportation & communication services (-15.6 percent) and fishing (-16.7 percent). On a monthly basis, activity dropped for the first time since June last year, down 1.0 percent in February after rising 1.9 percent in the prior month. source: Instituto Nacional de Estadística y Censos (INDEC)

Economic Activity Index in Argentina averaged 1.76 percent from 2005 until 2021, reaching an all time high of 18.80 percent in May of 2010 and a record low of -25.40 percent in April of 2020. This page provides - Argentina Economic Activity Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Economic Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Economic Activity Index in Argentina is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Activity Index in Argentina to stand at -0.40 in 12 months time. In the long-term, the Argentina Economic Activity Index is projected to trend around -1.30 percent in 2022 and -1.60 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Argentina Economic Activity Index

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -2.20 18.80 -25.40 2005 - 2021 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-26 07:00 PM Nov -3.7% -7.3% -3.3% -4%
2021-02-24 07:00 PM Dec -2.2% -3.7% -3% -4%
2021-03-30 07:00 PM Jan -2% -2.0% -3.4%
2021-04-22 07:00 PM Feb -2.6% -2.2% -2% -2.5%
2021-05-20 07:00 PM Mar -2.6% 9.1% 12%
2021-06-29 07:00 PM Abr
2021-07-22 07:00 PM May
2021-08-20 07:00 PM Jun


News Stream
Argentina Economic Activity Shrinks More than Expected
Economic activity in Argentina shrank 2.6 percent from a year earlier in February of 2021, following a revised 2.2 percent decline in January and compared with a consensus of a 2 percent drop. The activity was mainly dragged down by restaurant & lodging services (-38 percent); transportation & communication services (-15.6 percent) and fishing (-16.7 percent). On a monthly basis, activity dropped for the first time since June last year, down 1.0 percent in February after rising 1.9 percent in the prior month.
2021-04-22
Argentina Economic Activity Falls 2% YoY
Economic activity in Argentina dropped 2 percent in January of 2021 after decreasing a downwardly revised 2 percent in December of 2020. Activity was mainly nudged by manufacturing (4.6 percent vs 5 percent in December), construction (10.2 percent vs 12 percent), agriculture (1.7 percent vs -3.3 percent), commerce (2.6 percent vs 9.7 percent), and financial services (7.2 percent vs 11.1 percent). In contrast, activity was dragged down mainly by mining (-7.2 percent vs -9.1 percent), lodging and food services (-39.1 percent vs -49.6 percent), and transportation & communication services (-15.8 percent vs -18.9 percent). On a monthly basis, activity rose for the ninth straight time, up 1.9 percent in January after rising 0.7 percent in December.
2021-03-30
Argentina Economic Activity Shrinks Less than Expected
Economic activity in Argentina shrank 2.2 percent year-on-year in December of 2020, following a downwardly revised 3.7 percent decline in November and compared with consensus of a 3 percent decline. Output increased in manufacturing, up 4.5 percent after a 3.4 percent gain in the previous month. Also, construction rebounded sharply, up 6.3 percent after a 2.8 percent drop in the previous month, while retail trade grew further (10.7 percent vs 5.3 percent). In contrast, activity in hotels & restaurants continued well in the red (-47.1 percent vs -53.1 percent). On a seasonally adjusted basis, economic activity grew 0.9 percent after a 1.4 percent expansion in November. In the twelve months of 2020, the economy shrank a steep 10 percent.
2021-02-24
Argentina Economic Activity Falls More than Expected
Economic activity in Argentina shrank 3.7 percent year-on-year in November of 2020, following a downwardly revised 7.3 percent decline in October and compared with consensus of a 3.3 percent decline. Output rebounded sharply in manufacturing, up 3.7 percent after a 3.6 percent decline in the previous month. Output also rebounded in retail & wholesale trade (3.9 percent vs -0.8 percent) and utilities (1.0 percent vs -3.8 percent). In contrast, economic activity continued to be dragged by drops in construction (-3.4 percent vs -9.1 percent in October), hotels & restaurants (-53.2 percent vs -54.3 percent), and transportation & communications (-18.2 percent vs. -19.7 percent). On a seasonally adjusted basis, economic activity grew 1.4 percent after an upwardly revised 2.1 percent expansion in October. In the first eleven months of the year, the economy shrank a steep 10.6 percent.
2021-01-26

Argentina Economic Activity Index
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.