Upcoming recession in Argentina

Argentina’s economy teeters on recession, with a median GDP estimate of 1.4% year-over-year contraction and 250% annualized inflation.

Argentina’s Economy: A Recession on the Horizon Amid Signs of Recovery

As the world watches with bated breath, Argentina’s economy teeters on the edge of a precipice, poised to extend its recession in the second quarter of this year. The forecast is dire, with a median GDP estimate of a 1.4% year-over-year contraction from no less than 15 analysts polled by Reuters. Continue reading “Upcoming recession in Argentina”