Argentina economy shrinks two years running, 2.1% in 2019 after 2.5% in 2018

Saturday, February 22nd 2020 - 10:08 UTC

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Recession-hit Argentina's economy shrank by 2.1% in 2019, the state statistics institute said on Friday. The institute said the economy contracted by 0.3% in December compared to the same period in 2018. Read full article

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Enrique Massot
“...market-friendly Mauricio Macri?”

What's Mauricio Macri market friendliness when the country's economy shrinks 2 per cent for two consecutive years?

What is market-friendly about Argentina's recession, poverty and unemployment, with inflation surpassing 50 percent over the last year?...

...other than helping friends and family members' business deals, carry trade and capital flight?
Feb 23rd, 2020 - 04:23 am - Link - Report abuse 0
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