Analysts predict Argentina economic activity grew in December following November slump
Argentina's economy likely grew 0.5% in December after a dip in November. Analysts expect annual GDP growth of 4.3% as the government pushes labor reforms.
Economic activity in Argentina 
AR is expected to have rebounded in December, according to a median forecast from a Reuters poll. The survey suggests a 0.5% year-on-year increase for the final month of the year, marking a recovery from the 0.3% year-on-year contraction recorded in November. This monthly activity indicator is a critical metric for the Argentine government as it serves to anticipate the broader trajectory of the nation's gross domestic product.
AR is expected to have rebounded in December, according to a median forecast from a Reuters poll. The survey suggests a 0.5% year-on-year increase for the final month of the year, marking a recovery from the 0.3% year-on-year contraction recorded in November. This monthly activity indicator is a critical metric for the Argentine government as it serves to anticipate the broader trajectory of the nation's gross domestic product.The anticipated December reading is particularly significant because it would help consolidate an annual GDP growth estimate of 4.3% for the full year. Market participants and economists are closely monitoring these figures ahead of the official release from INDEC, the national statistics office of the country, which is scheduled to publish the formal data imminently. The poll reflects the expectations of various analysts, including those from the VDC consultancy and the agricultural group CREA.
