Argentina's economic activity fell 2.9% in July, INDEC says, stoking recession risk

Argentina's INDEC reported the Monthly Estimator of Economic Activity (EMAE) fell 2.9% in July versus June, adding to a second-quarter GDP decline and weak industry, consumption and wage data. Private reports put recession odds at 82%, while the government calls the weakness transitory.

Detected & updated continuously · Source: Nebula