Argentina: GDP slows in Q3

In the third quarter, GDP grew 5.5% over the same period of the previous year, marking a notable deceleration over the 8.3% expansion recorded in Q2. The deceleration in Q3 was driven by a deterioration in domestic demand, which more than offset an improvement in the external sector. Private consumption added 8.3% over the same quarter of the previous year, which was down from the 9.2% increase recorded in Q2. Meanwhile, gross fixed investment slowed to a 6.1% growth rate in Q3 after having recorded a strong 16.2% expansion in Q2.

Read more about Argentinian GDP.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s