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    Home»Economy»Argentina's economy has developed again
    Economy

    Argentina's economy has developed again

    June 25, 20251 Min Read
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    Argentina's economy has developed again

    The Argentine economy, where there is no shortage of crisis, has achieved growth for the third quarter in a row.

    The Argentine economy increased less than expected in the first quarter of 2025, when the increase in imports, reduced exports and public spending slowed the recovery of the South American nation; However, growth has continued not to be interrupted in the three quarters. According to an Argentine statistical office, GDP growth in the first quarter was 5.8 %compared to the same period last year. The markets are expected to increase by 2.1 %of the previous period will increase by 6.1 %. On the basis of periods, the increase is still 1.1 %in the previous period with 0.8 %and 1.5 %with the expectation of the market. Argentina is expected to have an impressive growth year after the unexpected loss of 2024 will reduce consumers' spending and prevent public spending from freedom. Economists participated in a survey conducted by the Central Bank of Argentina in May predicted that the economy would increase by 5.2 %by 2025.

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