Argentina: Economic activity growth eases in June
The monthly indicator for economic activity (EMAE) grew 10.8% year-on-year in June (May: +13.6% yoy).
On a monthly basis, economic activity rose 2.5% in June, contrasting May’s 2.0% fall and marking the best result since June 2020. Meanwhile, the trend improved notably, with the annual average variation of economic activity coming in at plus 1.5%, contrasting May’s minus 0.3%.