Economic Contraction

Blue Dollar Updates

Monthly economic activity drops the most since Milei entered office

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Argentina’s statistics institute INDEC reports that the economy faced its most substantial monthly contraction in February since December 2023. On Wednesday, the government’s statistics agency reported a 2.6% decrease in the Monthly Economic Activity Estimator compared to January. It has reached its lowest point since July 2025. The downturn can be linked to disappointing outcomes … Read more

Economic Activity Sees Largest Drop Since 2023

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In February, Argentina’s economy experienced a significant contraction, marking its largest monthly decline since 2023, as both retail and manufacturing sectors face ongoing challenges. Economic activity declined by 2.6 percent from January, significantly underperforming the 0.5 percent decrease projected by source, as reported in government data released on Wednesday. The gross domestic product proxy experienced … Read more