Monday, June 19, 2006
Argentine GDP Up 8.6% in Q1, Prices Rise 2.6%
The Argentine economy grew 8.6 percent in the first quarter of the year, driven by a continuing recovery in manufacturing and construction. The economy has grown 37.5 percent from the trough it fell into in 2002 when the government defaulted on its debt. Meanwhile prices rose 2.6 percent in the first quarter, signaling runaway inflation remains a threat.
Technorati Tags: Argentina, Argentine Economy, Argentine GDP, Eduardo Bravo Losada, Bravo & Bravo Losada, IGAF, IGAFLA, Accountants, CPAs, Accounting Firms
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment