Argentina’s economy grew 5.8% year-over-year in Q1 2025, rebounding from a 1.7% contraction in 2024. Key drivers: 31.8% investment surge, 11.6% rise in private consumption, and 7.2% export growth. Top sectors included financial services (+27.2%), fishing (+11.6%), and trade (+7.3%), though some sectors like domestic worker employment (-2.2%) declined. President Milei’s reforms—spending cuts, deregulation, and fiscal discipline—are credited for boosting investment and consumption, but challenges like 38.1% poverty and low reserves ($26.2 billion) remain.
Link here to article.
https://www.riotimesonline.com/argentinas-economy-grows-5-8-in-early-2025-driven-by-investment-and-consumption/
TLDR version from Grok.
Argentina’s economy grew 5.8% year-over-year in Q1 2025, rebounding from a 1.7% contraction in 2024. Key drivers: 31.8% investment surge, 11.6% rise in private consumption, and 7.2% export growth. Top sectors included financial services (+27.2%), fishing (+11.6%), and trade (+7.3%), though some sectors like domestic worker employment (-2.2%) declined. President Milei’s reforms—spending cuts, deregulation, and fiscal discipline—are credited for boosting investment and consumption, but challenges like 38.1% poverty and low reserves ($26.2 billion) remain.
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