Argentina Economists See a 1% Quarterly Contraction
6 Articles
6 Articles
The Market Already Talks About Recession: the Economy Would Have Fallen to 1.1% in the Third Quarter
The Central Bank's REM showed a strong twist in analysts' projections, which now estimate a contraction of between 1% and 1.1% between July and September.
The Relevance of Market Expectations (REM) broadcast monthly by the Argentine Central Bank reported that Argentina is in recession. Until a few weeks ago they had said the opposite but the reality was imposed. No longer can the banks deny that Javier Milei’s economic model does not work. Now, the 33 consultants and centers of [...] Entry Neither the financial markets can deny it: the consultants recognize that there is an economic recession was …
The main consultants and financial institutions participating in the Central Bank’s Relevance of Market Expectations (REM) project that the Argentine economy would have entered recession during the third quarter of the year. According to the median estimates collected at the end of September, the Gross Domestic Product (GDP) would have fallen 1% between July and [...]
The consulting firms that the Central Bank is providing reduced their growth estimate for this year to 1.5% and projected a fall in activity in the third quarter. The Argentine economy could enter a “technical recession” during the third quarter of 2026, according to the new projections of the consulting companies that participate in the [...]
The consultants provided by the Central Bank project a fall in GDP in the third quarter, adding the second negative period. Read more
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