Argentine Economic Activity Increases 8.2% in 2010

Thursday, January 20th 2011 - 16:40 UTC

Full article 14 comments

Economic activity in Argentina increased 8.2% during 2010 and in December grew 9.3% compared to the previous year, a private report says.

Compared to November activity was up 0.6% according the General Index of Activity (IGA) put together by Orlando Ferreres and Associates Consultants.

“The economy is very near its peak, which means that to continue the upward trend next year, new investments are required to expand the capacity already available, especially in those sectors where there are more difficulties,” the report added.

The sector which grew most in 2010 was agriculture with an increase of 19.7% followed by the manufacturing industry which went up 10.5% and trade with a rise of 9.5%.

The Argentine economy decelerated in 2008 as a consequence of the world crisis and began to improve mid-2009.

Categories: Economy, Argentina.

Tags: Argentina, economy.

Top Comments

Disclaimer & comment rules

xbarilox
Yes, of course. This happens not only in Argentina, but in Peru, Chile, Brasil, Uruguay, etc. We'll see what happens when these rules change. They want to show this as an achievment of this government, but Cristina is not in Brazil, Uruguay or Chile. This is thanx to the working people in this country, not you. Anyway, keep trying. See you Cristina, I WILL NOT VOTE FOR YOU. YOU KEEP TOURING THE WORLD FOOLISHLY WITH YOUR UGLY DAUGHTER.
Jan 20th, 2011 - 05:57 pm 0
I
“The sector which grew most in 2010 was agriculture with an increase of 19.7% ”
I read an article yesterday under the headline “Argentine farmers are back in a strike, This leads me to believe that, if Argentina was a woman this period would be her menstrual cycle, I would hope unlike in real life, Argentina doesn't go around making anything drastic like a constitutional , civil or legal change, unless they want to go a head and start a ”reforma agraria”, maybe a little wealth or land distribution, as I said it's that time of the month. There is a lot to be done and Christina will get us by if we all help her little, I am still alittle worryed that the waters in the rivers of San Juan Argentina are being polluted by barrick gold.
farmers should be worryed about their water rather then complain, this news are all the positive outcome for the agriculture sector, we should pay close atention to this facts when devating other issues, again good job Chritina.
Jan 20th, 2011 - 06:30 pm 0
I
I find many ignorant who talk a lot but when asked who will you vote as president in Argentina they give me “not Critina that is for sure” then I wonder if they wont vote her why promote her ??
I mean if I knew of someone better I would share it with others because during the election we count the votes not the secrets, I am still waiting for someone or anyone to give me an alternative candidate for president in Argentina.
Jan 20th, 2011 - 08:10 pm 0

Read all comments

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