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.