Argentine economy expanding at 9% with strong activity in all sectors

Saturday, August 21st 2010 - 14:34 UTC

Full article 1 comment

Argentine economic activity surged 11.1% in June over a year ago which means GDP in the first seven months of 2010 expanded 9%, according to figures released by the country’s National Statistics Institute, Indec. Read full article

Comments

Disclaimer & comment rules

Think
Some pearls of this article:

“The report shows that the farming sector harvested a record crop.”

“Consumer spending and manufacturing exports to Brazil, strong prices for the soy bean bumper crop, heavy government spending and the weak currency are helping to fuel a strong expansion.”

“Argentina is a leading global agricultural supplier and ranks as the world's No. 3 soy exporter and the top world supplier of soy oil and meal.”

Even in a world recesion; 7.000.000.000 people need to eat, every day.
Aug 22nd, 2010 - 10:39 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!