2) Case in point, November data showed a steep economic contraction, including a 12.5% decline in manufacturing output, and an 11% drop in construction activity. #Argentina
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1) Most observers expect economic recovery this year in #Argentina, in time for optimistic pre-election headlines for the government. (Following the 2018 recession, Itaú projects 0% growth this year.) As for now, however, grim Q4 data will keep trickling in.
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